Energy aggregator Limejump has signed a fixed price short-term power purchase agreement (PPA) with Bluefield Solar Income Fund, which invests in utility scale solar assets in the UK.
Limejump will manage the power sale for a portfolio of four solar farms, through virtual power plant software.
It is the first time that Bluefield has agreed to a PPA with Limejump.
Limejump vice president of sales Joe McDonald said: “This latest PPA agreement, with a one of the country’s leading renewable investment funds, highlights our ability to work with different types of asset owners, as well as different generation types and sizes across the full energy spectrum.
“We are delighted that Bluefield has chosen to use us to take full advantage of our virtual power platform.”
Bluefield group finance director Neil Wood said: “We were impressed with what Limejump had to offer. They were competitively priced and being a part of Shell, are a strong and credible counterparty. We are delighted to welcome Limejump as one of our PPA offtakers.”
Published by https://renews.biz/