Knight Frank has launched a new corporate power purchase agreement (CPPA) advisory service.
CPPAs offer long-term price stability for 10-20 years, reducing energy costs and market volatility for businesses and public sector organisations.
Knight Frank’s new service will encompass the complete contract life-cycle from identifying demand, quantifying volumes, sourcing projects and managing a smooth contractual process.
David Goatman, global head of energy and sustainability at Knight Frank, said: “Knight Frank is deeply embedded in both the UK real estate and energy markets and we look forward to leveraging these deep relationships to enable our clients to access both sustainable power and price stability through market-leading CPPAs.
“With steady growth in renewables capacity, organisations are facing rising pressure to decarbonise operations and deliver credible ESG commitments, alongside cost reduction. CPPAs are an increasingly popular option for large energy users and will only increase in profile and relevance following the UK government’s recent call for evidence.”
Flora Harley, head of energy and sustainability research at Knight Frank, added: “Operational efficiency and cost control remain top priorities for corporate real estate occupiers according to our latest (Y)OUR SPACE research, and energy use is central to both. Despite recent easing, electricity and gas prices remain nearly double pre-2021 levels, according to DESNZ statistics.
“With energy type and consumption directly influencing emissions, demand for electrified buildings and renewably sourced power is accelerating. CPPAs deliver verifiable low-carbon energy and cost stability, which explains the growing interest. Knight Frank tracked 18 CPPAs signed in 2024, the highest on record and a sharp rise from just three in 2019, with 2025 activity on track to match. The UK government’s recent call for evidence could see this market develop further.
“These agreements not only support occupiers’ decarbonisation goals but also enable renewable deployment at scale, critical for the UK’s net zero trajectory and clean power targets. Renewables capacity has grown 30% in five years to Q3 2025, led by offshore wind and solar and Knight Frank analysis of clean energy pipeline data shows that investment reflects this momentum. These factors combine to make this the ideal time for Knight Frank to formally launch a CPPA advisory service.”
