Construction firm Multiplex commits to solar power procurement

Image source: Multiplex.

November 12 (Renewables Now) - Global construction contractor Multiplex has committed to an off-take contract to secure the renewable power supply for all its UK sites and, at the same time, support the execution of a solar project.

Under the terms of the power purchase agreement (PPA), Multiplex will procure renewable electricity directly from a dedicated producer. The contract includes an additionality clause that ensures the off-take will result in the construction of a new renewable energy plant, the announcement says.

According to Multiplex, this is one of the first initiatives of its kind in the construction industry. The PPA aligns with the company’s objective to achieve net-zero carbon by 2050, including supply chain emissions.

The new solar power station is expected to be commissioned in the opening quarter of 2023.

More stories to explore
Share this story
Newsletter
Tags
 
About the author
Browse all articles from Ivan Shumkov

Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.

More articles by the author
5 / 5 free articles left this month
Get 5 more for free Sign up for Basic subscription
Get full access Sign up for Premium subscription
\