£38m acquisition of 50MW solar project

We are excited to announce a £38m acquisition of a ready-to-build 50MW solar project in Richmond, North Yorkshire.   The ground mounted project will be constructed under a fully wrapped EPC contract. ROOF will be investing a total of £38m over a 12-month period to acquire and construct the project for a target energisation date in … Read more

Solar set to be world’s biggest power source

Solar is said to be set to become the world’s biggest power source, as stated by The Times in their recent article by Adam Vaughan. This article explores how solar power has reached a pivotal point following last year’s ‘sun rush’ and gives a glance into how the International Energy Agency (IEA) expects solar to become the world’s biggest source … Read more

Duncan Neale appointed to the board

The Board of Atrato Onsite Energy plc (LSE, ROOF) is pleased to announce the appointment of Duncan Neale as an Independent Non-Executive Director of the Company.

Two new transactions for a combined consideration of £29 million

We are pleased to announce completion of two new transactions for a combined consideration of £29 million. The first is a ready to build 28MW ground-mounted solar project in Wellingborough, Northamptonshire. The project has been acquired from Heliofidem UK Ltd, with energisation expected in Q4 2023.  We have also signed heads of terms and an … Read more

Renewable investment at an all time high

Solar overtaking other energy sources

Investment in UK renewables is at an all-time high, with an outstanding 500MW of solar power built and connected in 2022, and a further 1200 sites in planning. The solar trends seen in the UK over the last couple of years have indicated that the growth in capacity of solar as well as of energy … Read more

Solar set to overtake other energy sources by 2027

Solar panels

Next year, solar photovoltaic capacity will leapfrog that of hydropower, according to the International Energy Agency (IEA) who have estimated that ‘In three years, it will overtake gas-fired generation. And, in four years, it will push past coal — to boast the largest share of generation capacity of any power source.’ The Financial Times reported on these findings quoting … Read more

Getting to Net Zero

Great to see our investment advisor Atrato Group contributing to Burges Salmon LLP’s report on Getting to Net Zero. Francisca Wiggins from Atrato discusses the challenges and solutions found in implementing on-site energy such as future proofing, investor and regulatory pressures, and the age-old debate of cost vs return. “Corporates are very aware of the need to do something … Read more

ROOF signs new 20-year PPA with Tesco

Portfolio update

We are delighted to announce a new 20-year PPA with Tesco for a 370kWp rooftop solar project in Norwich. Once completed, the ROOF portfolio will include 19 operating rooftop solar systems on Tesco sites across the UK. ROOF has also been selected as a PPA provider to Tesco as part of a new framework agreement. Under the … Read more

How clean energy PPA appetite has surged

Interesting article from Cecilia Keating at Business Green on how the appetite for clean energy PPA’s has surged over the last decade. “150GW later: The dizzying rise of the power purchase agreement. Two analyses out this week have underscored how the global PPA market has surged over the last decade as corporates have increasingly sidestepped wholesale markets to tap … Read more