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Canary Wharf owner signs Brookfield PPA
Canary Wharf Group has signed a 15-year power purchase agreement (PPA) with Brookfield to buy electricity from a 60MW wind farm in the UK.
The deal is set to provide the London-based property group with electricity for 70% of its own power needs from 2026, when the wind farm is due to be commissioned.
This PPA also represents the start of a partnership with Brookfield that could pave the way for the use of more renewables across the 150-acre Canary Wharf estate.