Low Carbon powers Maybourne's London hotels with 100% renewable energy in landmark PPA
Low Carbon has signed a 15-year Power Purchase Agreement (PPA) with luxury hotel operator Maybourne, providing 100% renewable electricity to its London hotels—The Berkeley, The Connaught, The Emory, and Claridge’s—from the Maldon Wycke Solar Farm.
Latest milestone highlights Low Carbon’s continued growth as an Independent Power Producer (IPP) and brings the total amount of renewable energy contracted by the company via PPAs close to 200 GWh annually
Global renewable energy company, Low Carbon, has announced a new Power Purchase Agreement (PPA) with the luxury hotel operator, Maybourne, bringing the total amount of energy contracted from projects via PPAs to nearly 200 GWh annually.
The latest PPA is part of a 15-year agreement for 32 GWh of renewable energy per annum that will provide power for 100% of the group’s London hotels including The Berkeley, The Connaught, The Emory and Claridge’s. The clean energy is being exported from Low Carbon’s operational Maldon Wycke Solar Farm in the UK.
For the offtaker, Maybourne, the agreement ensures long-term energy price stability and helps mitigate any market volatility, while reflecting a growing trend of organisations seeking contracts directly with renewable energy generators to help decarbonise their portfolios.
Low Carbon is rapidly establishing itself as a leading IPP and a partner capable of delivering renewable energy at scale to customers in a wide range of sectors.
In January, a 10-year agreement for 10 GWh of renewable energy from Low Carbon’s Lethbridge 1 solar project in Canada was announced with Deep Sky, the Quebec-based carbon removal project developer.
Last year, Low Carbon finalised PPAs with Lloyds Banking Group and chemicals company, Ecolab, for a combined 150 GWh of clean electricity annually from an onshore wind project in Finland and two solar sites in the UK.
The total amount of energy to be supplied by Low Carbon via PPAs is now the equivalent of powering an estimated 60,000 homes across the UK, Finland and Canada with clean electricity each year.
Commenting on the announcement, Founder and Chief Executive of Low Carbon, Roy Bedlow, said:
Global renewable energy company, Low Carbon, has announced a new Power Purchase Agreement (PPA) with the luxury hotel operator, Maybourne, bringing the total amount of energy contracted from projects via PPAs to nearly 200 GWh annually.
The latest PPA is part of a 15-year agreement for 32 GWh of renewable energy per annum that will provide power for 100% of the group’s London hotels including The Berkeley, The Connaught, The Emory and Claridge’s. The clean energy is being exported from Low Carbon’s operational Maldon Wycke Solar Farm in the UK.
For the offtaker, Maybourne, the agreement ensures long-term energy price stability and helps mitigate any market volatility, while reflecting a growing trend of organisations seeking contracts directly with renewable energy generators to help decarbonise their portfolios.
Low Carbon is rapidly establishing itself as a leading IPP and a partner capable of delivering renewable energy at scale to customers in a wide range of sectors.
In January, a 10-year agreement for 10 GWh of renewable energy from Low Carbon’s Lethbridge 1 solar project in Canada was announced with Deep Sky, the Quebec-based carbon removal project developer.
Last year, Low Carbon finalised PPAs with Lloyds Banking Group and chemicals company, Ecolab, for a combined 150 GWh of clean electricity annually from an onshore wind project in Finland and two solar sites in the UK.
The total amount of energy to be supplied by Low Carbon via PPAs is now the equivalent of powering an estimated 60,000 homes across the UK, Finland and Canada with clean electricity each year.
Commenting on the announcement, Founder and Chief Executive of Low Carbon, Roy Bedlow, said:
“Today’s announcement confirming that we will power Maybourne’s London hotels with 100% renewable energy marks another step forward in Low Carbon’s journey to becoming a leading IPP and demonstrates to Maybourne’s hotel guests, and our customers more widely, our commitment to delivering renewables at scale and fighting climate change.
“Furthermore, our concerted effort to deliver into the corporate PPA market aligns with the UK Government’s own push to encourage energy intensive industries, such as tech firms, to locate in the UK by enabling secure access to sufficient supplies of clean, homegrown energy.”
Roland Fasel, Group Chief Operating Officer at Maybourne, added:
“At Maybourne we recognise the crucial role which the hospitality industry has to play in achieving net zero and we aim to consistently make changes for the better. We are proud to have worked in partnership with Low Carbon to ensure that 100% of the electricity for our London hotels is provided via renewable energy. It is important, now more than ever, that we leave the right footprint for our guests and colleagues by maximising our ESG strategy”.
ENDS
FOR MEDIA ENQUIRIES
Harry Padfield
Head of PR and Public Affairs
Harry.padfield@lowcarbon.com
LikeDiscussion
Share
Discussion
You are commenting on Low Carbon powers Maybourne's London hotels with 100% renewable energy in landmark PPA
You must be logged in to add a comment
There are no comments
Be the first to add to the discussion
Fund manager
Low Carbon
London, United KingdomLow Carbon creates renewable energy to fight climate change. We’re building a global net-zero energy company that will power tomorrow and protect the planet for future generations.
Low Carbon was established in 2011 with one goal in mind: to make the biggest contribution possible in the fight against climate change. The aim is to make a defining contribution to the historic effort to move the world to 100% renewable energy.
Low Carbon are a long-standing certified B-Corporation, and recognized as Gold Standard for their environmental impact. Low Carbon’s climate ambitions are to become one of the world’s first major net-zero energy companies and to have created 20GW of new renewable energy capacity by 2030.
Low Carbon is on a mission. Together, we will power tomorrow.
infrastructure
Related news
Low Carbon and TotalEnergies agree deal for 435 MW renewables portfolio in the UK
ElectroRoute and Low Carbon announce balancing PPAs for 140 MW of UK solar projects
Low Carbon and EDF power solutions agree deal for Gate Burton DCO solar and storage project
Low Carbon and Danske Commodities sign balancing agreement for UK solar farm
Low Carbon strengthens presence in Dutch renewables market with 76 MW of new solar capacity
World-first strategic partnership to tackle renewable energy price risk and protect revenues
Paratus and Low Carbon agree world-first strategic partnership to tackle renewable energy price risk and protect revenues
Capital Dynamics Wins “Outstanding PPA Deal UK & Ireland” at Inspiratia Awards
