Corporate PPAs In Ireland: Current Trends

Background

Corporate power purchase agreements (Corporate PPAs) are agreements under which businesses purchase electricity directly from generators. Corporate PPAs differ from traditional PPAs between utilities / licensed suppliers and generators.

Corporates typically enter into Corporate PPAs to meet their sustainability targets, help renewable projects get built and to hedge their electricity price exposure by paying a fixed price for electricity.

The number of Corporate PPAs being signed in the Irish market has increased steadily in recent years and the Matheson team have worked on all but one of the Corporate PPA transactions in Ireland to date covering physical, financial and sleeved Corporate PPA arrangements.