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

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 fixed-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.

utility scale solar projects

300+ 1GW 13 50:50of PPAs signed

since 2018countries partnership

with bp

20+ PPAs signed

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

MainenancefleetinEurope

Solar prices have gone down and is now the

most competitive source of renewable energy

Quick to deploy

Reliable & predictable

Ireland

Spain

Portugal

Poland

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 19.5GW signed in 2019 according to Bloomberg New Energy Finance. Signing a Corporate PPA offers the opportunity to:

Each signed PPA is tailored to suit your business needs, we have the flexibility 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

Structured

Firm

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asele

ad Fixed or flexible volum

e

Pay as produced

Tenor10+ years

Index lin

ked

Fixed

YOUR BUSINESS

LIGHTSOURCE bp SOLAR FARM

PPA

RE100

Commitments

Science

Based

Targets

Sustainable

Development

Goals

Achieve your:

PPA

ELEUTILITY

YOUR BUSINESS

ELECTRICITY

PPA

LIGHTSOURCE bp SOLAR FARM

www.lightsourcebp.com20200616_CRP_EU_D7

In 2020, Lightsource bp completed construction on a 4.9MW solar farm

for leading brick manufacturer Ibstock Brick. The installation, which was

funded, developed, connected and now operated by Lightsource bp, powers

the manufacturer’s Leicestershire headquarters and further cements the

company’s status as one of the UK’s most sustainable brickworks. The PPA

provides Ibstock Brick with sustainable, renewable energy at a fixed cost for

the next 25 years, and makes the company the first brick factory in the UK

to be part-powered by a large-scale solar farm. Ibstock Brick is committed

to becoming more resource-efficient, and this solar PPA with Lightsource

bp allows the manufacturer to make use of renewable energy to reduce its

carbon footprint and reliance on the national grid.

Ibstock Brick Private Wire PPA

30%Annual power supplied by solar Solar energy supplied per year

4600MWh

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