Workspace signs 10-year renewable energy supply deal with Statkraf

Workspace Group said it had signed a 10-year deal to buy electricity from renewable energy supplier Statkraf.

The flexible office space provider said the agreement would see Statkraf supply around two thirds of the group's expected electricity demand from next February.

Workspace will take all the electricity generated by a newly constructed solar plant in Devon, the company said on Wednesday.

“This agreement marks the first clean energy CPPA made by a London office provider to date, sourcing electricity directly from a renewable energy generator,” Workspace said.

Reporting by Frank Prenesti for Sharecast.com