Canary Wharf locks in a decade of cleaner energy

24 September 2026

A new 10-year renewable power deal will help Canary Wharf Group cut its reliance on higher-carbon electricity, while bringing greater price certainty to one of London’s biggest commercial districts. 

Canary Wharf Group (CWG) has signed a 10-year power purchase agreement (PPA) with ENGIE and British Solar Renewables (BSR), securing renewable electricity from a new 50MW solar farm in the UK.

The agreement is one of the largest long-term renewable PPAs signed by a UK property owner and is expected to supply around 40% of CWG’s current electricity consumption.

Under the deal, ENGIE will structure and manage the supply of renewable electricity generated by BSR’s Knowl Green solar farm. The project has full planning consent and a grid connection in place.

For CWG, the agreement will provide greater long-term price certainty while increasing the supply of renewable electricity across its estate. It forms part of the group’s wider approach to reducing emissions and building a more resilient energy strategy for its customers.

CWG has already reduced its emissions by 69% across Scope 1, Scope 2 and Scope 3 emissions from downstream leased assets, against a 2017 baseline.

Once operational, Knowl Green is expected to generate around 54GWh of clean electricity each year – enough to power approximately 12,500 UK homes – and avoid around 11,000 tonnes of CO₂ emissions annually.

Sophie Goddard, MD – ESG at CWG, says:

“This agreement is a significant step forward, accelerating clean energy generation whilst delivering price certainty and strengthening the resilience of our energy strategy for our customers.”

Tim Humpage, CEO of British Solar Renewables, adds:

“Securing a long-term PPA with ENGIE gives it a strong foundation, while allowing us to retain ownership and build out our portfolio as an independent power producer. Connecting that generation directly to demand at Canary Wharf is where we see real progress.”

Nathalie Morichon, UK MD – energy management at ENGIE, comments:

“By structuring and delivering this long-term renewable PPA, we are enabling CWG to access low-carbon electricity at scale while also supporting the development of new solar capacity across the UK.”

The agreement will also support the development and long-term operation of Knowl Green, contributing to the growth of UK renewable generation capacity.