Lloyds Banking Group signs a 10-year PPA with Low Carbon for UK solar
Type: Ppa · Technology: Solar, Storage, Other · Country: United Kingdom · Announced: 2024-03-07
Lloyds Banking Group signed a 10-year corporate power purchase agreement with Low Carbon to buy 50 GWh annually from two UK solar farms (49 MW Meadow Solar Farm and 23 MW Pepperhill Solar Farm), with first electricity expected in 2025 and Lloyds also supporting construction financing for a 1 GW portfolio.
Counterparties
- Low Carbon (Developer)
- Lloyds Banking Group (Offtaker)
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