British Solar Renewables Ltd has agreed a five-year offtake agreement with Shell Energy Europe Ltd for the renewable power generated from the Bradenstoke solar power plant.
Graham Harding, MD and CFO of BSR commented: "PPAs provide stability in a volatile energy market and we are delighted that we have been able to work with Shell Energy Europe Ltd to complete this five-year agreement, which will enhance the value of the largest solar park in England."
Jonathan McCloy, GM North West Europe for Shell Energy Europe Ltd, said: "The UK is one of our key markets for power and we've been exploring ways to increase our power presence in the country on both the buy and sell side. The deal with BSR helps us achieve this goal and is a significant boost to our renewable power portfolio in the UK."