Iceland, a supplier of frozen foods in the UK, and Octopus Renewables Infrastructure Trust have agreed to a power purchase arrangement.
The agreement pertains to the electricity that will be produced at the about 67MW Breach solar farm in Cambridgeshire.
Breach is now under construction and is scheduled to go live in the fourth quarter of 2023 after being acquired in June 2022.
The Breach solar farm will supply 150 sites with approximately 64 GWh of energy annually, meeting 14% of Iceland Foods’ UK store electricity needs.
By doing this, Iceland’s emissions will be reduced by roughly 22,955 tonnes of CO2 annually, which is the same as removing 12,590 gasoline vehicles from the road and planting 112,592 trees.
Chairman of Octopus Renewables Infrastructure Trust plc, Phil Austin, commented “We’re delighted to be partnering with Iceland Foods, a major British supermarket, through this corporate PPA.”
“The Breach solar farm will provide enough energy for a significant portion of Iceland’s UK stores – showing the vital role that renewables play in accelerating businesses’ transitions to Net Zero.”
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