SSE Energy Markets has signed power purchase agreements with Capital Dynamics for electricity produced by the Garbet and Lairg 2 onshore wind farms in Scotland.
The 10-year deals are in addition to the Contracts for Difference agreements held by both projects, which have a combined 95.7MW of capacity and were first developed by Germany’s Energiekontor and now owned by Capital Dynamics.
Both wind farms are scheduled to achieve commercial operations in late 2026.
SSE Energy Markets will deliver route-to-market and optimisation services, including managing balancing risks and charges for Capital Dynamics at a fixed price, it said.
It has also agreed a fixed price for the Renewable Energy Guarantees of Origin certificates generated by the wind farms for length of the contracts.
SSE Energy Markets managing director Gordon Bell said: “Partnering with Capital Dynamics and Energiekontor on these projects highlights our expertise in risk management and value optimisation for renewable assets through our best-in-class route-to-market services.
“This deal builds on our growing third-party portfolio and reinforces our position as the partner of choice for generators of this type.”
Capital Dynamics senior managing director and co-head of clean energy Barney Coles added: “We’re pleased to partner with SSE Energy Markets and Energiekontor as we deliver clean, low-cost and domestically sourced electricity for the UK.
“Strong corporate partnerships between investors, developers and utility companies are crucial for advancing the UK’s position as a global leader in renewable energy and for meeting national carbon reduction goals.”
Energiekontor chief executive Peter Szabo said: “We are delighted to have arranged long-term power purchase agreements for the two wind farms on behalf of Capital Dynamics with SSE.
“They strengthen the expansion of renewable energies and contribute to a more sustainable energy supply.
“As a project developer, we are proud to have actively shaped this process and, together with our partners, to be making a valuable contribution to the energy transition.”