A Cumbrian firm has joined forces with a solar business to help it expand.
Ortus Energy, a leading developer of commercial solar projects led by Alistair Booth, Thomas Van Mourik and Charles Bagshaw, has linked up with SSE Energy Solutions.
The collaboration will allow Ortus Energy to broaden its reach in the rooftop solar market and become the exclusive platform for SSE’s behind-the-meter strategy.
Mr Booth, CEO of Orus Energy, said: “Ortus Energy’s expertise in identifying and developing solar projects, combined with SSE Energy Solutions’ financial strength and commitment to sustainability, creates a powerful alliance that is poised to transform the commercial solar landscape in UK & Ireland. This partnership demonstrates our leading position in the commercial and industrial solar development space.”
Under the agreement, SSE Energy Solutions will finance the development and installation of solar panels for Ortus Energy’s commercial clients.
This innovative financing model enables businesses to access solar energy at a fixed rate through long-term power purchase agreements, eliminating the need for upfront capital investment, the firms said.
The deal includes the acquisition of 13MW (10MW of the 13MW is within the Northern Powerhouse) of existing rooftop solar assets across multiple sites owned by six major corporate customers, marking a significant milestone for Ortus Energy.
SSE Energy Solutions has also committed to financing up to 130MW of additional solar projects at commercial premises over the next three years.
Mr Bagshaw, head of technical services at Ortus Energy, said: “We are extremely excited to be in partnership with SSE. They will join us in supporting the delivery of a nation leading zero carbon county and enhancing Cumbria’s reputation as a pioneer in clean energy, and part of the Northern Powerhouse.
“We believe in investing in our community supporting local business and creating new local green jobs.”
Ortus Energy sponsors Whitehaven Rugby League Club and Marras & Arras with BeeUnique among several others.