Engie is offering fixed-price long-term power purchase agreements (PPAs) tailored to the individual requirements of developers and funders in the UK.
The company said the long-term agreements provide guaranteed income developers need to secure funding new-build energy generation plants.
Engie said developers can choose PPAs of any length up to 10 years to suit the funding requirements of their specific generation plant.
“Crucially, contract lengths can be matched to the debt repayment periods for financing each development,” said the company.
“That enables developers to provide banks, investors and other funders with the assurance of guaranteed payments for all output from the new plant, from which the developer can repay any loans or investments over the agreed term,” it added.
The PPAs are investment grade, backed by the financial stability of Engie.
The company said the new long-term PPA option aims to boost investment in low-carbon generation.