Bluefield Solar Income Fund Signs Power Purchase Agreement

Press Release

Limejump continues to grow its renewable energy portfolio with the addition of one of the UK’s most innovative investment funds.

This continual support for asset development increases confidence in the UK sustainable energy generation asset investment sector, building the way towards a Carbon net-zero future.

Leading energy tech company Limejump has signed a fixed price short-term Power Purchase Agreement (PPA) with Bluefield Solar Income Fund (BSIF), one of the UK’s major investors in the country’s utility scale solar PV sector.  Limejump will manage the power sale for a portfolio of four solar farms, through its pioneering Virtual Power Platform (VPP).  It is the first time that Bluefield has agreed to a PPA with Limejump.
Bluefield invests in a diversified portfolio of solar energy assets, each located within the UK, with a focus on utility scale, ground-mounted assets. By signing this agreement with Limejump, and utilising Limejump’s energy trading systems and expertise in energy management, Bluefield was pleased to add Limejump to its PPA counterparties.
Limejump’s Vice President of Sales, Joe McDonald said: “This latest PPA agreement, with a one of the country’s leading renewable investment funds, highlights our ability to work with different types of asset owners, as well as different generation types and sizes across the full energy spectrum. We are delighted that Bluefield has chosen to use us to take full advantage of our Virtual Power Platform.”
Bluefield’s Group Finance Director, Neil Wood said: “We were impressed with what Limejump had to offer. They were competitively priced and being a part of Shell, are a strong and credible counterparty. We are delighted to welcome Limejump as one of our PPA off-takers.”
This document has been prepared by Limejump and is provided to its recipient on no-reliance basis, free of charge and voluntarily. The data and analysis in this document is owned by Limejump, unless where stated otherwise. The recipient shall not distribute the document to people outside of its organisation. Whilst Limejump has taken reasonable care in preparing this document, no representation or warranty, either expressed or implied, is made as to the accuracy or completeness of the information that it contains. This document does not constitute professional advice, delivery of service or performance of a contractual obligation by Limejump. Parties using information in here should make their own enquiries and obtain independent verification as to its accuracy and suitability for the purpose for which they intend to use it. Neither Limejump nor any other companies in the Limejump group, shall be liable for any error or misstatement or opinion on which the recipient of this document relies and does not accept any responsibility for any costs, damages or losses which may be incurred as a result of the reliance, use or unlawful distribution of this document by its recipient.