C O R P O R A T E P PA

S O L A R

E L E C T R I C I T Y

F O R B U S I N E S S

For more information, please contact info@lightsourcebp.com or call 0333 200 0755.

A B O U T U S

Corporate Power Purchase Agreement (PPA)

Why solar?

Our capability

We are a global market leader in the funding, development and long-term management of solar PV projects. Our organisation represents a strategic and powerful partnership between one of the largest energy providers in the world and an industry-leading solar power company. This partnership is set to further accelerate the low-carbon transition, allowing us to extend our solar and strategic development expertise to corporate power procurement markets across the world.

We offer businesses the opportunity to procure solar power through a range of different PPA models. We will build a tailored PPA solution to suit your individual business needs, and in return we would look to secure a fi xed-term PPA for the solar power generated.

Choosing to procure renewable generation will provide a cost effective and more sustainable option to your power procurement strategy. Our experience and global scale allows us to offer highly competitively priced PPAs.

deployed into solar assets since 2011

$3.4 Billion 2GW 14 43%operated, of which 1.3GW developed

in-house

offi ces acrosssix continents

owned by BP

500MW+ total PPAs delivered

Global experts in solar development

Structuring expertise enabling bespoke PPA solutions

Specialists in delivering both Private Wire and grid connected Corporate PPAs

One of the largest Operations and Mainenance fl eet in Europe

Solar prices have gone down and is now the most competitive source of renewable energy

Quick to deploy

Reliable & predictable

Ireland

Spain

Portugal

Italy

NetherlandsUK

Operating Countries

C O R P O R A T E P P A

A bespoke structured PPA

The Corporate PPA market is established globally, with around 13.4GW signed in 2018 according toBloomberg New Energy Finance. Signing a Corporate PPA offers the opportunity to:

Each signed PPA is tailored to suit your business needs, we have the fl exibility and experience to give youthe choice of differenttenors, volumes andpricing structures.

2. Private Wire PPAs: Constructed on or near-site, and directly connected to your business.

1. Corporate PPAs:Constructed in an optimal location and grid-

connected Corporate PPAs can be virtual or physical.

Manage price risk in today’s volatile energy market

Secure a long-term, reliable source of renewable energy supported by Guarantees of Origin (GOs)

Underpin the development of low carbon generation

Reduce electricity costs and generate long-term savings without the upfront investment

PPA

ELEUTILITY

YOUR BUSINESS

ELECTRICITY

PPA

LIGHTSOURCE BP SOLAR FARM

Volume

Pricing

Tenor

Each signed PPA is tailored to suit your business needs, we have the fl exibility and

Structured

Firm

edba

selea

dFixed or flexible

volume

Pay as produced

Tenor10+ years

Indexlin

ked

Fixed

YOUR BUSINESS

LIGHTSOURCE BP SOLAR FARM

PPA

RE100Commitments

ScienceBasedTargets

Sustainable DevelopmentGoals

Achieve your:

PPA

ELEUTILITY

YOUR BUSINESS

ELECTRICITY

PPA

LIGHTSOURCE BP SOLAR FARM

www.lightsourcebp.com20190102_CRP_UK_V3

In 2016, Lightsource BP invested £5million to develop the fi rst

ever large-scale solar private wire PPA in Northern Ireland with

Belfast International Airport, providing green electricity for 27% of

their annual electricity demand. The airport now benefi ts from an

electricity price around 25% lower than the grid supplied average

with no capital expenditure required. This project provided savings

of £100,000 in the fi rst ten months, with savings continuing to rise

signifi cantly during the 25 year agreement term. A close partnership

with the airport’s on-site team ensured the connection was carried

out with no disruption to daily business activities.

Belfast International Airport Private Wire PPA

€5MLightsource BP funding Annual electricity generated

4000MWh

With the help of Lightsource BP, AB InBev will be using 100%

renewable energy by the end 2020. A 15-year Power Purchase

Agreement (PPA) was signed in December 2018, and is the largest

unsubsidised solar Corporate PPA in UK history. Over 350,000 solar

panels with a total capacity of 100MW will be funded, developed

and operated by Lightsource BP to provide AB InBev with long term

price stability and savings against the wholesale market forecast. The

carbon savings associated with this deal is estimated to be around

28,000 tonnes per year. With AB InBev’s launch of their ambitious 2025

Sustainability Goals and 100+ Accelerator innovation scheme, this solar

PPA will help towards their aims to “change the world.”

AB InBev Corporate PPA

15yearsTenor of PPA Additional unsubsidied solar capacity

100MW

C A S E S T U D I E S