Wind Energy – Power Purchasing Agreement
Real estate titan Canary Wharf Group has teamed up with Brookfield, one of the world’s largest renewable energy providers, to support the building of a new wind farm in the UK and procure clean energy.
The 15-year power purchasing agreement (PPA) will provide CWG with long-term price certainty while encouraging further movement towards renewable energy across the estate.
Brookfield has over 25,000MW of installed capacity across five continents. It is a leading supplier of renewable PPAs globally and provides energy directly to more than 700 corporate customers. Brookfield is also one of the world’s largest investors in real estate, including a 50% stake in CWG acquired in 2014.
