BUSINESS

NextEnergy signs a solar PPA with DLA Piper in the United Kingdom

The agreement will apply to 15 of the law firm’s locations in the United States and Europe.

NextEnergy Group, a UK solar power provider, has inked a corporate power purchase agreement (PPA) with law firm DLA Piper, marking the first such transaction in the legal profession.

DLA Piper will be the first worldwide law firm to profit from a corporate PPA powered by a 13MW solar asset that NextEnergy Group will build and manage in Somerset, England.

Once the plant is operational, the renewable energy will be sent directly into the national grid and so ‘virtually’ connected to DLA Piper, powering the firm’s 15 European and UK locations.

The PPA represents a significant step forward in DLA Piper’s efforts to decarbonize and cut its greenhouse gas emissions in half by 2030.

“The corporate PPA market continues to strengthen,” said Ross Grier, managing director of NextEnergy Capital UK. Corporate PPAs will be a critical component of how firms aim to decarbonize over the next decade, and it’s a joy to be at the forefront of this in the legal field with DLA Piper.

“The NextEnergy Group is a major developer and asset owner in the UK solar industry, and it’s fantastic to have this connection with DLA Piper to round out our portfolio.”

DLA Piper’s global sustainability leader “DLA Piper’s engagement with this yet-to-be-built solar farm is another another indication of our dedication to reduce our carbon footprint via creative solutions,” said Natasha Luther-Jones.

“As the first legal office to engage into a corporate PPA, this initiative exemplifies our goal of being one of the most influential business law firms for sustainability.”

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[Image: NextEnergy]

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