Pinsent Masons advises Tesco on major investment in new renewable electricity generating capacity

29 Oct 2019 | 12:27 pm |

International law firm Pinsent Masons has advised Tesco on a significant project to source electricity directly from renewables projects - the biggest of its type ever completed by a retailer in the UK.

As a member of the RE100 group of companies, Tesco has made a commitment to source 100% of electricity across the Tesco Group from renewable sources by 2030. As a significant step towards achieving that goal, Tesco has announced a programme of investment that will result in the production of enough renewable electricity to power the equivalent of 140,000 homes, saving 90,000 tonnes of CO2 per year.

Pinsent Masons advised Tesco as it entered into long term power purchase agreements (PPAs) with developers, EDF Renewables, ScottishPower Renewables and BayWa. Tesco will purchase 100% of the electricity to be generated by three confirmed new wind farms: Onshore wind: Burnfoot East, Scotland - EDF, Onshore wind: Inverclyde, Scotland - BayWa r.e,; Onshore wind: Halsary, Scotland - ScottishPower. Two further wind farms and a solar farm will also be developed. The PPA's for these installations provide the economic incentive required by the developers to construct these new projects. All of the wind farms are located in Scotland, with electricity being supplied to Tesco via a sleeving arrangement with Tesco's electricity supplier, EDF Energy.

Additionally, Tesco has agreed arrangements with EDF Renewables, Macquarie and SDCL's energy efficiency fund to install 335,000 m2 of solar panels in 187 of its stores across the UK. Tesco has also entered into arrangements with Green Power Generators to install internal combustion engines running on bio-fuel at its distribution centres.

A core Pinsent Masons team comprising Partner Ian McCarlie, Legal Directors Ronan Lambe and Rona Kostulin and Solicitor James Thornton advised Tesco throughout the programme. This included advice on structuring and negotiating the off-site PPAs, regulatory issues, negotiating an overarching framework agreement for the onsite installation programme and forms of on-site PPAs and leases providing for the necessary property rights for onsite installation. 

The project will create more than 400 new jobs in the UK renewables industry.

Ronan Lambe, Legal Director at Pinsent Masons said "This announcement is a vote of confidence in the UK renewables sector by one of the UK's largest electricity users. It is a tangible demonstration that it is possible for large energy users to use their purchasing power as a force for good, resulting in the development of additional renewable generating assets, while making financial sense for energy users and developers alike. It has been a pleasure to support Tesco on this ambitious project."

Latest press releases

Show me all press releases

Pinsent Masons advises Bodymed AG on the sale to Nestlé Health Science

The multinational law firm Pinsent Masons advises the holding company of the founder Dr Hardy Walle on the sale of all shares of Bodymed AG to Nestlé Health Science.

Pinsent Masons secures 11th place in Financial Times Diversity Leaders 2021 Report

Multinational law firm Pinsent Masons has been named as a top 20 Diversity Leader by the Financial Times, ranked 11th in its Diversity Leaders 2021 report.

Pinsent Masons advises shareholders of Goodtill on its sale to SumUp

Multinational law firm Pinsent Masons has advised the shareholders of Goodtill on its sale to SumUp

People who viewed this press release also viewed

Show me all press releases

Pinsent Masons advises Australian Gas Infrastructure Group on its landmark A$4 billion debt programme

Multinational law firm Pinsent Masons advised Australian Gas Infrastructure Group (AGIG), one of the largest gas infrastructure businesses in Australia, on its new funding vehicle and secured AUS$4 billion debt programme.

Pinsent Masons rolls out the Mindful Business Charter in the Middle East to promote mental health and wellbeing

Pinsent Masons has rolled out its Mindful Business Charter across its business in the Middle East. It adopts and promotes a culture of openness about mental wellbeing and encourages working arrangements that will reduce the unnecessary causes of stress and pressure in the workplace thereby ensuring higher team performances.

Pinsent Masons advises Red Rock Power on landmark Scottish offshore wind project

Multinational law firm Pinsent Masons has advised Red Rock Power Limited on the sale of 50% of the Inch Cape Offshore Wind Farm development and subsequent joint venture with ESB.

For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on

+44 (0)20 7418 8199 or 

Location contacts