Foot Anstey advises Gülermak Renewables on power purchase agreement for 48.5MW Hanningfield solar project
National law firm Foot Anstey has advised Gülermak Renewables on a 10-year, contract-for-difference (CfD)-backed power purchase agreement (PPA) with energy trading company ElectroRoute, supporting the delivery of its 48.5MWp Hanningfield solar project in Essex.
The agreement will see electricity generated by the Hanningfield solar farm sold by ElectroRoute, which will manage its route to market and provide optimisation services over the contract term. The project, acquired by Gülermak in 2025, secured a CfD in Allocation Round 7 (AR7) earlier this year and is expected to deliver power in 2027.
Foot Anstey worked closely with Gülermak's legal and commercial teams to negotiate a route-to-market agreement that delivers both market access and revenue certainty.
Together with the CfD, the agreement provides the revenue certainty needed to support financing and construction, while helping to secure reliable income during the first 10 years of operation.
Transaction team (Jakup Pilc, Ben Lonergan, Zeynep Kurt) at Gülermak Renewables, commented 'We are grateful for Foot Anstey's invaluable support on this transaction with ER.'
Aliki Zeri, Managing Associate at Foot Anstey, said 'We’re pleased to have supported Gülermak Renewables on this project and to continue working with them as a valued client. This agreement provides a clear and reliable route to market for the Hanningfield solar project, helping to underpin its long-term success.'
The Foot Anstey team included Partner Mark Greatholder, Managing Associate Aliki Zeri and Associate Colin Shear.
The transaction reflects Foot Anstey’s continued work supporting clients across the Energy and Infrastructure sector, particularly in relation to renewable energy projects and route-to-market arrangements.