BPE Renewables advises Guinness Asset Management & Perpetum on 108MW rooftop installation in Kent

Cheltenham based, BPE Solicitors' Renewables Team has recently advised Guinness Asset Management and Perpetum Energy Europe on the lease, PPA and EPC contract for a 1.8MWp rooftop solar array in Kent.

Cheltenham based, BPE Solicitors' Renewables Team has recently advised Guinness Asset Management and Perpetum Energy Europe on the lease, PPA and EPC contract for a 1.8MWp rooftop solar array in Kent.


Shoreham based steel manufacturer, ParkerSteel partnered with renewable power systems company, Perpetum Energy to fit the solar array to the roof of its manufacturing facility.

The solar installation will be owned by Larimin, a company supported by Guinness Asset Management's Enterprise Investment Scheme. The array's operation is expected to negate the emission of around 70 tonnes of CO2 each year. ParkerSteel will purchase the electricity from Larimin under a PPA.

BPE advised Guiness Asset Management and Perpetum on the commercial property lease of the roof space and the EPC agreement between Perpetum and Larimin.

"We were invited to work with Guinness Asset Management on this project following our involvement with the rooftop installation on the Marks & Spencer distribution centre in Castle Donnington," explained Tim Williams, a Partner in BPE's renewables team. "The project wasn't completely straight forward because ParkerSteel lease their building from the Port Authority."

BPE has delivered more than 190MW of solar PV into the grid in the past 18 months and has been retained to work on further rooftop installations for both Perpetum and Guiness Asset Management.

"We know the key players in the industry, what funders are looking for and the finance models and structures that sit behind renewable energy projects," says Tim. "This knowledge and the ability to support clients right the way through a project, from asset creation to installing technology to generation and selling power, is invaluable."

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