Atrato Onsite Energy has signed a PPA with OVO Energy for 50MW solar site Project Skeeby in Richmond, Yorkshire. Skeeby was previously acquired by Atrato in April 2023, and is currently under installation with an expected energisation date of March 2024.
Atrato is expected to supply 49GWh of clean energy per annum to OVO Energy, providing 9,500 tonnes of CO2 emission savings per annum, equivalent to powering 17,000 UK homes or planting 380,000 trees. The PPA will provide the Company with a three-year revenue stream at a set price with fixed annual uplifts for the energy produced by Skeeby. Gurpreet Gujral, managing director of Atrato Partners, the investment adviser to the company, said: “We are delighted to be supplying OVO, one of the largest electricity suppliers in the UK. “As targeted at IPO, we have now built a portfolio of solar PV systems commercialised with a range of PPA maturities that result in an optimum sensitivity to power price movements.”
Credits: renews.biz [Image: Chelsea/Unplash]