{"id":7550,"date":"2024-07-17T09:20:55","date_gmt":"2024-07-17T08:20:55","guid":{"rendered":"https:\/\/eeegr.com\/?p=7550"},"modified":"2024-07-17T09:20:56","modified_gmt":"2024-07-17T08:20:56","slug":"boralex-signs-its-first-ppa-in-the-uk-with-statkraft-for-limekiln-wind-farm","status":"publish","type":"post","link":"https:\/\/eeegr.com\/2024\/07\/17\/boralex-signs-its-first-ppa-in-the-uk-with-statkraft-for-limekiln-wind-farm\/","title":{"rendered":"Boralex signs its first PPA in the UK with Statkraft for Limekiln Wind Farm"},"content":{"rendered":"\n
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Boralex Inc. (\u201cBoralex\u201d or the \u201cCompany\u201d) (TSX: BLX) is pleased to announce the securement of a power purchase agreement (PPA) for its flagship 106MW Limekiln Wind Farm near Thurso in Caithness, Scotland. Having successfully achieved a government-backed Contract for Difference (CfD) in Allocation Round 5 in September last year, Boralex has gone on to agree a PPA with Statkraft, one of the leading PPA providers in the UK, for a 3-year contract covering the period between commissioning of the wind farm, expected by the end of 2024, and the start of the CfD in April 2028.<\/p>\n\n\n\n

Youcef Khelif, Energy<\/em><\/strong> Markets Director of Boralex<\/em><\/strong> said: \u201cWe are delighted to have achieved this PPA for Limekiln, adding more certainty to the project through the provision of a secure revenue stream during the first years of operation, before the CfD comes into force. Statkraft have been great partners and we have appreciated our positive collaboration throughout the process. Limekiln is going from strength to strength and we eagerly anticipate its coming on stream later in the year.\u201d<\/em> <\/p>\n\n\n\n

Michelle Lam, Statkraft\u2019s PPA Business Development Manager<\/em><\/strong>, said: \u201cWith our extensive market experience, Statkraft are well-placed to provide innovative solutions to maximise the gains from our customers\u2019 renewable assets. I\u2019m pleased we\u2019ve been able to work with Boralex to agree a route-to-market for the power generated at Limekiln Wind Farm, and I hope we can build on this relationship in the future.\u201d<\/em><\/p>\n\n\n\n

The news follows Boralex\u2019s announcement last month of financial close for the project, comprising a 19-year term loan from National Westminster Bank PLC (NatWest) and Export Development Canada (EDC). Construction is progressing as planned with turbine components being transported to the wind farm site over the summer. For more information please visit www.limekilnwindfarm.co.uk<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Boralex Inc. (\u201cBoralex\u201d or the \u201cCompany\u201d) (TSX: BLX) is pleased to announce the securement of a power purchase agreement (PPA) for its flagship 106MW Limekiln Wind Farm near Thurso in Caithness, Scotland. Having successfully achieved a government-backed Contract for Difference (CfD) in Allocation Round 5 in September last year, Boralex has gone on to agree […]<\/p>\n","protected":false},"author":4296,"featured_media":7551,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_eb_attr":"","ub_ctt_via":"","advgb_blocks_editor_width":"","advgb_blocks_columns_visual_guide":"","footnotes":""},"categories":[55,53],"tags":[],"class_list":["post-7550","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry_news","category-news"],"acf":[],"featured_image_src":"https:\/\/eeegr.com\/wp-content\/uploads\/2024\/07\/WEB-3rd-ship-with-components-docked-at-Scrabster-scaled.jpeg","author_info":{"display_name":"Will Norris","author_link":"https:\/\/eeegr.com\/author\/will-norriseeegr-com\/"},"author_meta":{"display_name":"Will Norris","author_link":"https:\/\/eeegr.com\/author\/will-norriseeegr-com\/"},"featured_img":"https:\/\/eeegr.com\/wp-content\/uploads\/2024\/07\/WEB-3rd-ship-with-components-docked-at-Scrabster-640x365.jpeg","coauthors":[],"tax_additional":{"categories":{"linked":["Industry News<\/a>","News<\/a>"],"unlinked":["Industry News<\/span>","News<\/span>"]}},"comment_count":"0","relative_dates":{"created":"Posted 3 months ago","modified":"Updated 3 months ago"},"absolute_dates":{"created":"Posted on 17 July 2024","modified":"Updated on 17 July 2024"},"absolute_dates_time":{"created":"Posted on 17 July 2024 09:20","modified":"Updated on 17 July 2024 09:20"},"featured_img_caption":"","series_order":"","_links":{"self":[{"href":"https:\/\/eeegr.com\/wp-json\/wp\/v2\/posts\/7550"}],"collection":[{"href":"https:\/\/eeegr.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eeegr.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eeegr.com\/wp-json\/wp\/v2\/users\/4296"}],"replies":[{"embeddable":true,"href":"https:\/\/eeegr.com\/wp-json\/wp\/v2\/comments?post=7550"}],"version-history":[{"count":1,"href":"https:\/\/eeegr.com\/wp-json\/wp\/v2\/posts\/7550\/revisions"}],"predecessor-version":[{"id":7552,"href":"https:\/\/eeegr.com\/wp-json\/wp\/v2\/posts\/7550\/revisions\/7552"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eeegr.com\/wp-json\/wp\/v2\/media\/7551"}],"wp:attachment":[{"href":"https:\/\/eeegr.com\/wp-json\/wp\/v2\/media?parent=7550"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eeegr.com\/wp-json\/wp\/v2\/categories?post=7550"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eeegr.com\/wp-json\/wp\/v2\/tags?post=7550"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}