Arlington Energy is pleased to announce that it has signed Heads of Agreement with Dukemount Capital plc to enter into a joint venture to construct and operate two 11kV gas peaking sites from its development pipeline.
The two sites total 10MW in size and represent the first step in what both companies hope will be a growing presence in the flexible energy space in the UK market.
The sites will enter the Capacity Market in the next round of auctions, with a view to securing long term, 15-year, index linked contracts with the grid. They will be managed to produce the highest yield possible over their target operational lifetime of up to 40 years and potentially longer.
