SSE Energy Markets has signed a supply deal with Red Rock Renewables for the output from the Benbrack wind farm in Scotland.
Benbrack, located in Dumfries and Galloway, is wholly owned by Edinburgh-based developer Red Rock Renewables.
The 16-year route-to-market power purchase agreement will see SSE Energy Markets provide route to market and optimisation services for all of Benbrack’s 67.1MW installed capacity.
The wind farm, fully-backed by three Government Contract for Difference (CfD) contracts, is in its final stage of construction and set to reach commercial operation this summer.
Under the terms of the agreement, SSE Energy Markets will provide route to market services, managing imbalance risks and charges for Red Rock for a fixed price.
In addition, it will manage and optimise the Renewable Energy Guarantees of Origin (REGO) certificates produced by Benbrack.
The agreement means that SSE Energy Markets – the trading heart of SSE – now has route-to-market contracts with 2.75GW of assets backed by a CfD.
Gordon Bell, Managing Director of SSE Energy Markets, said: “We’re pleased to have executed this deal with Benbrack and Red Rock, further utilising our expertise at managing and reducing risk exposures for renewable assets through our best in class route-to-market services.
“We continue to grow our third party offering and have further cemented our position as the go-to offtaker for generators of this type.”
David Finnon, Red Rock’s Chief Technical Officer, said: “We’re pleased to have SSE Energy Markets on board to deliver Benbrack’s long-term route-to-market potential.
“It’s valuable experience and credibility within the market, and growing portfolio of wind PPA contracts, gave us the confidence that the team was best placed to maximise benefit from the wind farm and minimise our risk as a generator.”