Soft drinks manufacturer Britvic has signed a 10-year PPA with Atrato Onsite Energy (Atrato) to offtake solar energy from a 28MW site in Northamptonshire, England.
The electricity generated will be enough to power 75% of Britvic’s current operations in Great Britain, including its Beckton and Leeds factories, which can produce 2,000 recyclable bottles per minute for a portfolio of iconic brands including Tango, Pepsi and Robinsons.
Britvic’s agreement with Atrato has provided the investment security needed to build the new solar farm in an old quarry in Northamptonshire.
Atrato will supply Britvic with solar electricity that is commercialised on a pay as you generate basis but is delivered on a baseload basis consistent to the consumption needs of the company.
Atrato has fully financed the solar installation, which is expected to be commissioned in early 2024.
In only 19 months since IPO, Atrato has built a portfolio of 40 solar sites across the UK.
Britvic recently announced a new CPPA in Ireland that will ensure that Ballygowan water is produced using 100% renewable electricity harnessed from local wind energy.
Britvic chief procurement officer Matt Swindall said: “This deal represents a significant milestone for Britvic as we continue to partner with home-grown renewable energy projects to power our business.
“The 10-year deal also establishes stability, enabling us to plan more efficiently over the coming years.
“In short, it’s great for our Healthier Planet sustainability ambitions, and great for the business.”
Atrato managing director and head of renewable energy Gurpreet Gujral added: “We are thrilled to enter into this new corporate PPA with Britvic.
“Our highly innovative PPA structure provides Britvic with a consistent source of renewable energy that matches its electricity needs.
“This project exemplifies our commitment to providing long term and attractively priced clean energy to our clients.”