Specialised and Asset Finance

Start the transition to net zero with a Solar Power Purchase Agreement

Our Solar Power Purchase Agreements (PPA) provide organisations with a way of reducing their energy emissions and reliance on grid electricity.

As part of our commitment to supporting commercial clients in their decarbonisation efforts, Macquarie has developed a solution where businesses can access the benefits of a rooftop solar PV system without having the responsibilities of owning and operating the system.

Our solution provides the opportunity for clients to reduce their energy costs and emissions by replacing a proportion of the grid electricity they currently consume with renewable power generated by a solar PV system. Macquarie arranges the supply and installation of the solar PV system, all at no upfront cost.


Why secure renewable power with a Solar PPA

Zero carbon electricity

from a 100% renewable PPA

Potential energy savings

Each 1MW solar installation can save

>200 tonnes of carbon emissions each year1

How our Solar PPA works

  1. A feasibility assessment is made of a potential site and a proposal on the design, layout and size that meets the client’s power demand is provided
  2. A PPA is entered into with Macquarie for the supply of power and Macquarie takes a lease of the airspace above the roof of your premises2
  3. The solar PV system is installed with minimal operational disruption, and it is maintained and insured for the duration of the PPA
  4. All of the generated power is purchased by the client at a fixed pence per kilowatt rate, with any excess power not used by the site exported to the grid
  5. At the end of the fixed term, the solar PV system transfers to the client free of charge for ongoing use.

 

Main benefits of a Solar PPA

Contribute to the energy transition

Meet sustainability and net zero targets

Save on electricity bills

compared to grid electricity prices3

Potential off-balance sheet treatment4

Limited impact to debt-to-equity or leverage ratios

Supporting the energy transition

Macquarie is committed to playing a leading role in driving the global transition to net zero, and for two decades we have used our deep capabilities in energy, infrastructure, technology and commodities to work with clients to create practical solutions to their decarbonisation challenges.

Through this work Macquarie has built and maintained enduring relationships with business, partners, suppliers and industry across the globe, and is proud of its world-leading position in green energy and role in accelerating the pace of green investment.

50GW+

of green energy projects in development, construction, or operation

$A63b+

invested or arranged in green energy projects since 2010

150MWp+

of commercial rooftop solar financed

10m+

meters provided for homes and businesses

Putting our expertise into practice

We are committed to conducting our business in accordance with all applicable laws and regulations and in a way that enhances our reputation in the market, and to ensuring our products and services are marketed appropriately and that clients are fairly treated.

Our supply chain consists of highly qualified and reputable industry experts. To provide our clients with confidence, we work with delivery partners who offer a deep understanding and deliver a wealth of experience in their specialist fields.

Furthermore, our fully installed rooftop solar PV systems are backed by guarantees and warranties from Tier 1 manufacturers through to the installation.

Contact us

To learn more about solar PV systems or to discuss the benefits of a PPA and whether they are right for your business, contact one of our team.

David Russell

Business Development Director

Chris Barnard

Associate Director

  1. As at June 2022. Carbon Intensity API designed by National Grid ESO in partnership with Environmental Defense Fund Europe, University of Oxford Department of Computer Science and WWF. All figures on this page are correct as at 31 March 2022 unless otherwise stated. 
  2. Subject to internal approvals
  3. Based on current prevailing market prices
  4. Macquarie does not provide legal, accounting or tax advice. The recipient should seek independent advice based on their own financial situation.

The name ‘Macquarie’ refers to Capital Meters Limited (“CML”) and its affiliates. This information is provided for information purposes only, is subject to change and is not binding. It is not a solicitation to buy or sell any product, or to engage in, or refrain from engaging in, any transaction. This information should not be construed as legal, financial, accounting, tax or other advice. This information is not intended to create legal relations and is not binding on CML or its affiliates under any circumstances whatsoever. This information is not intended to be, and should not be construed as, a commitment to lend, nor an offer of a product, solution or finance, capable of acceptance. No responsibility or liability whatsoever (in negligence or otherwise) is accepted by CML or any of its affiliates, or any of its or their representatives, officers, directors or employees, for any errors, mis-statements or omissions in this information or any other related information or materials. CML is not an authorised deposit-taking institution for the purposes of the Banking Act 1959 (Commonwealth of Australia), and its obligations do not represent deposits or other liabilities of Macquarie Bank Limited (MBL) ABN 46 008 583 542 (“MBL”). Any investments are subject to investment risk, including possible delays in repayment and loss of income and principal invested. MBL does not guarantee or otherwise provide assurance in respect of the obligations of CML.