Leading global law firm, Baker McKenzie, has advised Virgin Media O2 on its new long-term Power Purchase Agreement with egg Power.
Under the 10-year agreement, egg Power will supply Virgin Media O2 with solar energy from its new solar farm in Suffolk, which is expected to become operational in 2027. The project is expected to provide around 5% of Virgin Media O2's total energy supply.
This agreement builds on Virgin Media O2's long-term clean energy strategy, following the 2025 wind PPAs with The Renewables Infrastructure Group on which Baker McKenzie also advised, with the two arrangements together expected to supply around 20% of the company's total energy demand.
The Baker McKenzie team was led by Energy & Infrastructure Partner, James Wyatt and Associate, Alex Tam with support from Consultant, Andrew Hedges and Trainee, Kayan Sayeed.
Commenting on the deal James Wyatt, said: "This agreement represents a further step in Virgin Media O2's transition towards sustainable energy procurement. We were pleased to support our client on another strategically important PPA, reflecting our continued focus on advising on complex energy and decarbonisation driven projects."