SmartestEnergy

“We were looking for an offtaker that could not only provide a competitive CfD arrangement, but also allow us the flexibility to maximise our pre-CfD merchant revenues. SmartestEnergy were able to meet all of our requirements and ensured that the relevant contracts were in place to allow energisation and financial close on schedule.”

“It’s vital that businesses in all industries put words into action when it comes to tackling the climate emergency. That’s why we are taking strides to reduce our environmental impact and partner with leading technology specialists to help make that happen. The Perth solar and storage initiative is a great example of how Aviva is innovating to secure a sustainable energy supply and support the electric vehicle revolution.”

“The poor weather conditions that frustrate our local farming and tourism sectors are ideal for the production of renewable electricity. With high-performing wind turbines, which can achieve exceptional annual capacity factors of up to 55%, we are able to generate revenue to service the project’s debt and deliver significant income to our equity investors, including the local Ardrishaig Community Trust.”

“Since our first contract in 2002, the relationship has grown and developed in tandem with the size of our portfolio and the complexities of an ever changing and dynamic energy market”

“SmartestEnergy really stood out as not only having a brilliant renewable energy product at a competitive price but also a proactive, adaptable and cost-effective management process.”

“We’re delighted to be able to work with SmartestEnergy who have collaborated with our team to build agreements that help us drive forward towards our goal of securing the renewable energy supply to the UK.”

“Over the past 5 years, we’ve had great opportunities to work with closely with SmartestEnergy to showcase our procurement of 100% natural renewable electricity and their innovative product development.”

“Hedging power prices ahead of time and smoothing out some of that market volatility with SmartestEnergy is a key component of our strategy, giving us better revenue visibility to provide the income assurance our shareholders seek.”

“We are particularly pleased with the certification of renewable supplies for our entire portfolio helping us achieve our ambitions for sustainability.”

“As the largest European independent generator of onshore wind energy, we’re passionate about supporting the UK’s transition to net-zero carbon by using the latest tools, like SmartFlex to manage our assets and maximise their potential.”

“We were looking for an offtaker that could not only provide a competitive and bankable CfD offtake arrangement, but also allow us the flexibility to maximise our pre-CfD merchant revenues.”