PACE Canada has received permission for development from the local municipality on its lead Alberta solar park - Joffre Solar park.

The solar power project is proposed for a site near the Joffre petrochemical complex in Lacombe County. Development work on the 47-megawatt export facility began in 2018 and current designs are for a total installed capacity of approximately 61 MWp.

Power generated would go into the provincial electrical grid and reduce carbon dioxide emissions by 47,000 tonnes per year and 1.4 million tonnes over the expected initial 25-year life of the project.

Pace Canada LP intends to enter construction in early 2022 with connection by the end of the year.

Rob Denman, Managing Director of PACE said, “The Alberta and Canadian market continues to embrace clean energy and utility scale solar and PACE is pleased this project will be able to commence construction and achieve our agreed connection date in 2022.”

Introduction

PACE Technical - the engineering firm within the Pathfinder Clean Energy (PACE) Group - has been appointed as lead engineering design firm for Brine Engineering Solutions for their solar and energy storage project on Santo Antao island (Cabo Verde), off the west coast of Africa.

The contract will be led by PACE Technical Director Aitor Larrucea and the main services will be executive design, detailed design and energy yield calculations and pre-construction support.

PACE has supported the project through the two years of the concept development that brings together the design, construction and operation of a large-scale solar PV plant with 6.8 MWp in Santo Antao Island, integrated with a Battery Energy Storage System (BESS) with a capacity of 2MW/11MWH.

The renewable energy generated will be consumed by an agro-industrial cooperative for agricultural production and a desalination plant for clean water production. The project is expected to connect in late 2022.

Aitor Larrucea, Technical Director said: “we are delighted to participate in this landmark project for Cabo Verde which integrates solar generation, storage and power control allowing for 24-hour, year-round clean energy supply.”

Rob Denman, Managing Director of PACE said, ‘PACE Group and PACE Technical are delighted to be able to support Brine on this exciting project. Through the course of the last 24 months we have worked with the team at Brine to bring this project through.”

Yannick Teixeira, CEO of Brine Engineering Solutions, said ‘this project has been developed over many years and we are very excited that, with PACE’s support, this project is on the verge of becoming reality. What started out as a project to develop a renewable energy initiative in Cabo Verde, has grown to support and tackle environmental, social, and economic issues. By the incorporation of a desalination plant and irrigation system, powered by renewable energy, the project can support the farming community, building an industry from subsistence levels to provide jobs and security for over 200 families. Thus protecting a way of life that there is little desire amongst the local community to leave behind”.

PACE have been instrumental in their support for the initiative and Brine is delighted this relationship will continue through to the implementation of the project and beyond.’

About the project

The project involves the design, construction and operation of a 6.8MWp solar plant, integrated with an 11MWh Battery Energy Storage System (BESS) to power a seawater desalination plant built for the project. This water is then supplied, along with all other agricultural inputs to local Cabo Verdean farmers in three nearby areas who grow crops for Aquasun with our support and guidance. This supply is augmented by a new hydroponic facility growing water intensive, fast-growing crops such as lettuce and strawberries. Certain produce such as mango, papaya, potatoes and strawberries are processed at the agro-industrial centre into jams and frozen French-fries. The fresh and processed goods are then distributed to national distributors and the Cabo Verdean tourism market.

About PACE Technical - inhouse and third party technical support

PACE Technical - led by experienced renewable energies engineer Aitor Larrucea - provides in-house consultancy, technical and detailed engineering support to PACE’s international projects and also provides services to third-party developers, investors and EPCs.

PACE Technical has extensive experience in executive and detailed engineering design, contract analysis, technical advisory services, construction management services and operational procedure analysis.

PACE Technical can provide technical and advisory services including engineering, construction agreements, negotiation, construction and quality monitoring, commissioning analysis and O&M procedures.

About Pathfinder Clean Energy (PACE)

Pathfinder Clean Energy (PACE)- established in 2017 - is an international clean energy developer and investor currently operating in the UK, Canada, Poland and Spain and with ongoing business development in other growth markets.

PACE has ongoing development operations in the UK, Canada, Spain, Poland and with entry into additional markets to be announced through 2021.

www.pathfinderce.com

About Brine Engineering Solutions

Brine is first and foremost a project development firm, specializing in the integration of different technologies and different sectors, to enhance the benefits that renewable energy can bring. To deliver on our vision of a truly sustainable world, we embed ESG values at the very core of all work we undertake, driving social empowerment and environmental sustainability, resulting in a more resilient, de-risked infrastructure projects.

Brine was established in the UK in 2014. Alongside the development of the Aquasun Cabo Verde projects, Brine has projects currently under-development in Southern Africa, West Africa Macaronesia and the Caribbean.

www.brine-ei.co.uk

For communications related to this announcement:

Paul Taylor, Taylor Keogh Communications - +44 (0)20 8392 8250 / paul@taylorkeogh.com or press@pathfinder.com

For PACE Technical enquiries:

Pathfinder Clean Energy - PACE Technical - Contact: Aitor Larrucea

Tel +44 (0)20 7127 4542

Images available on request

Introduction

Pathfinder Clean Energy (PACE) has appointed Michal Oleksy as Business Development manager in Poland.

PACE established its development and project acquisition operations in the country in February 2021 to support the country’s clean energy transition.

Michal brings over seven years of Polish energy market experience in energy trade as well as PV project development. He has been involved in clean energy projects development and management for private investors and brings this experience to the growing PACE Poland platform.

Michal will be based in Warsaw and supported through the PACE Poland office in Torun and the PACE Group’s wider international team.

The move by PACE coincides with the Polish Government’s publication of its Energy Policy to 2040, which will see a reduction in coal generation (72% generation market share to 56% by 2030) and an increase in renewables - offshore wind, onshore wind and solar. PV solar capacity is targeted to increase from 3.6GW to 5-7GW by 2030, with 20GW of PV solar installed by 2040. Last year, PV solar capacity tripled, so some commentators consider the 2030 target to be a conservative one.

Poland will be the fourth market PACE has established an office since its formation in 2017 and adds to its existing over 1GW development pipeline - with the first 67 MWp of UK projects due to enter operation this year (2021).

PACE Poland’s initial portfolio of 100 MWp of solar is across the north of Poland, connecting to the high voltage grid lines with the Enea and Energa Grid Operators. Subject to planning and financing, PACE’s first phase of projects should be able to achieve connection from 2022.

Alex Ross, Development Director of PACE, said, ‘‘Over the last 18 months, as our usual process, we have worked to digitise the constraints in the country to enable our team to evaluate opportunities quickly and identify the first 100MW of potential projects that is our core minimum threshold for any new market. This hurdle has now been reached.”

“Poland’s development process does have its challenges with certain grid confirmations coming later in the process but given the Government’s policy commitment to renewables and its 2030 targets, this is the right time for PACE to bring its expertise for the long term’.

Rob Denman, Managing Director of PACE said, ‘We consider Poland as a core market for growth as the country reduces its reliance on coal generation and renewables becomes increasingly competitive’.

‘Required power generation in Poland is estimated at 244 TWh in 2050 to keep up with the expected consumption growth, driven by industry, households and transportation demand. This trend coupled with lower supply from conventional sources due to expected hard coal / lignite decommissioning is expected to create space for new clean energy capacity. This market also benefits from EU policy and Polish regulatory framework support’’.

‘PACE development and acquisition team is highly tech-led through its market leading inhouse software to enable us to identify and manage risks on multiple projects and across our multiple markets and we are delighted to expand our interests into this exciting market’, he said.

About Pathfinder Clean Energy (PACE) – http://pathfinderce.com/

Pathfinder Clean Energy (PACE)- established in 2017 - is an international clean energy developer and investor currently operating in Spain, Canada and the UK and with ongoing business development in other growth markets.

PACE’s team brings over 40 years and 1GW of experience from across the asset cycle - from development to financing, construction and operation.

PACE uses the latest cloud-based proprietary technology to collaborate across global markets and projects to enable its projects to deliver competitive power prices under PPAs or bids into government auctions.

PACE’s understanding and management of the complete life cycle of a project provides security to low cost capital to provide a route to deploying at scale and across multiple international clean energy markets.

About the Polish market

Poland has achieved stable growth in electricity consumption of 33% since 1990. After recovery from the COVID-19 crisis, Aurora projects a 49% increase in power demand from 2022 until 2050.

Since 2016 there has been a stable support framework via an auction system for CfD which was successfully implemented and is to be continued until 2026. There is also increasing interest in corporate Power Purchase Agreements.

As part of its EU membership, Poland is obliged to meet targets for share of renewable energy in consumption set by the Union at 25% by 2030. The European Commission's new budget grants Poland EUR 50bn for the energy sector transition towards climate sustainability. Poland will receive EUR 125 bn of grants from the EU budget and the recovery fund in total.

For renewable technologies (RES) in Poland, their profitability is strongly enhanced by the increase in the market electricity prices, driven by rises in CO2, high domestic coal costs and decreasing project capex. The expected market price increase is driven by still significant coal based generation, increase of expensive gas fuelled installations replacing part of the coal capacity and the increase of energy consumption. As a result, electricity prices in Poland are higher than in most West and Northern European countries.

Development of RES is a key strategic direction of the Polish Energy Policy 2040 (PEP 2040) and National Plan for Energy and Climate, with solar PV generated electricity instrumental in securing the summer peak demand. As part of the announced Energy Policy of Poland, it is anticipated that an additional 20GW of solar PV will be installed over the next 20 years.

For communications related to this announcement:

Paul Taylor, Taylor Keogh Communications - +44 (0)20 8392 8250 / paul@taylorkeogh.com

For general enquiries:

Pathfinder Clean Energy - Contact: Ben Chippendale

Tel +44 (0)20 7127 4542

press@pathfinderce.com

Introduction

Pathfinder Clean Energy (PACE) has established PACE Poland - its solar farm development and project acquisition business in the country to support Poland’s clean energy transition.

The company has completed detailed market and technical analysis in Poland over the last 18 months and has identified and advancing its first 100MWp of early stage solar projects. The PACE Poland office will be located in Torun, north of Warsaw, from where PACE will co-ordinate its development and acquisition of projects across the country.

The move by PACE coincides with the Polish Government’s publication of its Energy Policy to 2040, which will see a reduction in coal generation (72% generation market share to 56% by 2030) and an increase in renewables - offshore wind, onshore wind and solar. PV solar capacity is targeted to increase from 3.6GW to 5-7GW by 2030, with 20GW of PV solar installed by 2040. Last year, PV solar capacity tripled, so some commentators consider the 2030 target to be a conservative one.

Poland will be the fourth market PACE has established an office since its formation in 2017 and adds to its existing over-1GW development pipeline - with the first 67 MWp of UK projects due to enter operation this year (2021).

PACE Poland’s initial portfolio of 100 MWp of solar is across the north of Poland, connecting to the high voltage grid lines with the Enea and Energa Grid Operators. Subject to planning and financing, PACE’s first phase of projects should be able to achieve connection from 2022.

Alex Ross, Development Director of PACE, said: ‘‘Over the last 18 months, we have worked to digitise the constraints in the country to enable our team to evaluate opportunities quickly and identify the first 100MW of potential projects that is our core minimum threshold for any new market. This hurdle has now been reached.”

““Poland’s development process does have its challenges with certain grid confirmations coming later in the process but given the Government’s policy commitment to renewables and its 2030 targets, this is the right time for PACE to bring its expertise for the long term’.

Rob Denman, Managing Director of PACE said: ‘We consider Poland as a core market for growth as the country reduces its reliance on coal generation and renewables becomes increasingly competitive. Required power generation in Poland is estimated at 244 TWh in 2050 to keep up with the expected consumption growth, driven by industry, households and transportation demand. This trend coupled with lower supply from conventional sources due to expected hard coal / lignite decommissioning is expected to create space for new clean energy capacity. This market also benefits from EU policy and Polish regulatory framework support.”

“PACE’s development and acquisition team is highly tech-led through its market-leading inhouse software to enable us to identify and manage risks on multiple projects and across our multiple markets and we are delighted to expand our interests into this exciting market.”.

About Pathfinder Clean Energy (PACE) – http://pathfinderce.com/

Paul Taylor, Taylor Keogh Communications: +44 (0)20 8392 8250 / paul@taylorkeogh.com

Ben Chippendale, Pathfinder Clean Energy: +44 (0)20 7127 4542 / ben.chippendale@pathfinderce.com / press@pathfinderce.com

Pathfinder Clean Energy (PACE)- established in 2017 - is an international clean energy developer and investor currently operating in Spain, Canada and the UK and with ongoing business development in other growth markets. PACE’s team brings over 40 years and 1GW of experience from across the asset cycle - from development to financing, construction and operation. The company uses the latest cloud-based proprietary technology to collaborate across global markets and projects to enable its projects to deliver competitive power prices under PPAs or bids into government auctions. PACE’s understanding and management of the complete life cycle of a project provides security to low cost capital to provide a route to deploying at scale and across multiple international clean energy markets.

www.pacepoland.com

About the Polish market

Poland has achieved stable growth in electricity consumption of 33% since 1990. After recovery from the COVID-19 crisis, Aurora projects a 49% increase in power demand from 2022 until 2050. Since 2016 there has been a stable support framework via an auction system for CfD which was successfully implemented and is to be continued until 2026. There is also increasing interest in corporate Power Purchase Agreements.

As part of its EU membership, Poland is obliged to meet targets for share of renewable energy in consumption set by the Union at 25% by 2030. The European Commission's new budget grants Poland EUR 50bn for the energy sector transition towards climate sustainability. Poland will receive EUR 125 bn of grants from the EU budget and the recovery fund in total.

For renewable technologies (RES) in Poland, their profitability is strongly enhanced by the increase in the market electricity prices, driven by rises in CO2, high domestic coal costs and decreasing project capex. The expected market price increase is driven by still significant coal based generation, increase of expensive gas fuelled installations replacing part of the coal capacity and the increase of energy consumption. As a result, electricity prices in Poland are higher than in most West and Northern European countries.

Development of RES is a key strategic direction of the Polish Energy Policy 2040 (PEP 2040) and National Plan for Energy and Climate, with solar PV generated electricity instrumental in securing the summer peak demand. As part of the announced Energy Policy of Poland, it is anticipated that an additional 20GW of solar PV will be installed over the next 20 years.

Introduction

Pathfinder Clean Energy (PACE), a UK-headquartered international developer of utility scale solar and battery storage projects has achieved planning on a 21MWp solar park in Norfolk.

The project will provide enough power for the equivalent of 6,800 UK households and will reduce CO2 emissions by 4,900 tonnes annually. The project will have the ability to co-locate energy storage and maybe constructed either with tracker technology or more traditional fixed tilt.

The PACE project, known as Three Bridges, is located seven miles north-east of Dereham and construction will soon commence for completion by the summer (2021).

PACE currently has a development pipeline of over 1GW of solar projects in the UK, Canada and Spain, and has recently started work in Poland.

PACE was co-founded by Rob Denman and Alex Ross in 2017. The company has since grown to a senior executive team of four people - all with extensive experience in the clean energy/renewables sector, both in the UK and overseas - and a wider international development team. Its development office is in Bristol.

Alex Ross, Director of PACE Developments in the UK said: ‘PACE is delighted to achieve planning on the Three Bridges project, despite the challenges of lockdown. It’s our lead project in our initial 300MW UK pipeline that we intend to construct before the end of 2022.”

Rob Denman, Managing Director of PACE, said: ‘This is a great milestone for PACE and we look forward to moving into construction on this project. This is the first of the three projects making up our lead UK portfolio totalling 67MWp that should enter construction in mid-2021. As our activities and developments in Canada, Spain and Poland also advance then our team looks forward to bringing our experience and capital to these and further markets through the year ’.

About Pathfinder Clean Energy (PACE)

Pathfinder Clean Energy (PACE) is an international clean energy developer and investor established in 2017 and currently operating in Spain, Canada and the UK and with ongoing business development in other growth markets.

PACE’s team brings over 40 years and 1GW of experience from across the asset cycle - from development to financing, construction and operation.

PACE uses the latest cloud-based proprietary technology to collaborate across global markets and projects to enable its projects to deliver competitive power prices under PPAs or bids into government auctions.

PACE’s understanding and management of the complete life cycle of a project provides a route to deploying capital at scale and across multiple international clean energy markets..

www.pathfinderce.com

For communications related to this announcement:

Paul Taylor, Taylor Keogh Communications - +44 (0)20 8392 8250 / paul@taylorkeogh.com

For general enquiries about Pathfinder Clean Energy::

Pathfinder Clean Energy - Contact: Ben Chippendale

Tel +44 (0)20 7127 4542

press@pathfinderce.com

Introduction

Pathfinder Clean Energy (PACE), a UK-headquartered international developer, has announced its intention to scale up a pipeline of utility scale Energy Storage projects in the UK

The cornerstone project will be an initial 69MW/138MWh project to connect at 132kV to the UKPN network.

The project will take advantage of changes to the planning rules to enable the project to proceed under local planning rules and anticipate planning submission in Q2 2021 and connection in Q1 2022.

PACE expects this to be the first of a pipeline of up to 250+MW of stand alone energy storage it is looking to develop in the UK.

This is in addition to the initial 300+MWs of utility scale co-located solar and storage projects in the UK PACE is developing. PACE has a pipeline of over 1GW in evaluation across the UK and its international markets.

Alex Ross, Director of PACE Developments in the UK said, ‘Thanks to the changes to the planning policy PACE has been able to advance this project at this scale. This means we can be providing additional flexibility to National Grid sooner and provide more resilience to enable the connection of additional clean energy across the network’.

Rob Denman, Managing Director of PACE, said, ‘ We are constantly evaluating ways we can provide energy solutions to the grid and this project is the first of a targeted 250MW of stand alone storage in the UK. Our stand-alone storage projects will be developed in parallel to our utility scale solar and solar+storage projects in the UK and internationally - combining the best use of both technologies and enabling PACE to achieve financing at the required return levels’.

For communications related to this announcement:

Paul Taylor, Taylor Keogh Communications - +44 (0)20 8392 8250 / paul@taylorkeogh.com

For general enquiries about Pathfinder Clean Energy::

Pathfinder Clean Energy - Contact: Ben Chippendale

Tel +44 (0)20 7127 4542

press@pathfinderce.com

Introduction

Pathfinder Clean Energy has announced that its internal technical support team will now supply services to third party developers, investors through its new brand PACE Technical

PACE Technical is led by Aitor Larrucea who will provide services to the growing market of investors and stakeholders who are looking to understand and enter the complicated clean energy sector. PACE Technical will continue to provide services to the PACE international project portfolio.

Aitor Larrucea, Technical Director of PACE said ’PACE Technical provides market leading services to PACE and following increasing requests for support from our wider network we have launched PACE Technical so we can provide the benefit of our high level of expertise and experience to a wider market. We can operate this across the world and are not limited to the markets that PACE currently operate (UK, Spain, Canada, Poland).

Rob Denman, Managing Director of PACE, said, ‘PACE Technical is a natural extension of our team’s services to support the wider clean energy market. Over the 4 years since we launched PACE the clean energy market has continued to grow and as new entrants and established players continue to request our support we have launched the PACE Technical brand to enable us to scale up this offering’

Denman added, ‘PACE Technical enables us to optimise our own projects, market developments and make sure our developments and investment process benefits from the latest knowledge on any technical market developments. This is now available to carefully selected partners’.

About PACE Technical - inhouse and third party technical support

PACE Technical - led by experienced renewable energies engineer Aitor Larrucea - provides in-house consultancy, technical and detailed engineering support to PACE’s international projects and also provides services to third-party developers, investors and EPCs.

PACE Technical has extensive experience in executive and detailed engineering design, contract analysis, technical advisory services, construction management services and operational procedure analysis. As well as standard utility scale, self-consumption solar and energy storage projects, the more innovative work includes a private generation grid with solar and storage system with the cooperation of a third party developer on a multi-technology island project combining solar, energy storage, wind, desalination and agriculture.

PACE Technical can provide technical and advisory services including engineering, construction agreements negotiation, construction and quality monitoring, commissioning analysis and O&M procedures.

PACE Technical - Contact: Aitor Larrucea

Tel +44 (0)20 7127 4542

info@pathfinderce.com

Introduction

Pathfinder Clean Energy (PACE), a UK-headquartered international developer of utility scale solar and battery storage projects, has completed the community consultation and will shortly submit a planning application for a 25MWp solar farm, its largest UK subsidy-free solar project to date. The proposed ground-mounted scheme is located near Attleborough, 15 miles south-west of Norwich.

The planning submission for Attleborough closely follows applications made by PACE for two other solar projects in Norfolk (at Three Bridges and Burgate (40MWp total), announced 12th October). Subject to planning and financing, Attleborough and the two other projects (totalling 63MWp) are earmarked to enter operation during the second half of next year (2021).

Each of the three projects have the ability to co-locate battery storage.

Alex Ross, Director of PACE Developments in the UK said: ‘Our project pipeline for utility-scale solar in the UK is growing, and where the economics stand-up we will co-locate battery storage. Our three Norfolk projects underline the PACE team’s capabilities in site identification and project design, utilizing the very latest advances in technology.”

“The projects give us a strong platform to grow our UK capacity to 300MW over the next three years, and will complement our current operations and portfolio in Spain and Canada, and in due course Poland.”

Last month, PACE published details of a proposed 47MW solar farm project in Alberta, Canada. This is also scheduled to enter construction during 2021, subject to planning and financing.

Evaluating the advances in solar technologies and design is a key focus of PACE’s technical department in the UK and overseas.

Aitor Larrucea, Technical Director of PACE, said: “PACE is continuously analysing the latest technologies and advances in the solar and cleaqn energy sector. Our target is to exponentially increase the revenues of our projects and continue to innovate as advances are made.”

One example of PACE’s technical approach is the application of bifacial technology for their projects. PACE’s own calculations, drawing from studies by the National Renewable Energy Laboratory, point towards a 9% uplift in electricity production compared to traditional PV technologies.

PACE is also studying the implications of providing flexibility to its electricity generation profile through the storage technology.

Aitor Larrucea added: “In line with International Renewable Energy Agency (IRENA) considerations, we consider energy storage technology directly integrated and communicating with the solar generation asset to be a fundamental part of the future clean energy market.”

Pathfinder Clean Energy (PACE) is an international clean energy developer and investor established in 2017 and currently operating in Spain, Canada and the UK and with ongoing business development in other growth markets.

PACE’s team brings over 40 years and 1GW of experience from across the asset cycle - from development to financing, construction and operation.

PACE uses the latest cloud-based proprietary technology to collaborate across global markets and projects to enable its projects to deliver competitive power prices under PPAs or bids into government auctions.

PACE currently has a development pipeline of over 1GW of solar projects across its international markets. The company also has solar projects at an advanced stage of development in Canada and Spain, and is soon to start development operations in Poland.

PACE’s understanding and management of the complete life cycle of a project provides a route to deploying capital at scale and across multiple international clean energy markets.

For communications related to this announcement:

Paul Taylor, Taylor Keogh Communications - +44 (0)20 8392 8250 / paul@taylorkeogh.com

For general enquiries about Pathfinder Clean Energy::

Pathfinder Clean Energy - Contact: Ben Chippendale

Tel +44 (0)20 7127 4542

press@pathfinderce.com

The CAD$52-million solar power project is proposed for a site near the Joffre petrochemical complex in Lacombe County. Development work on the 47-megawatt facility began in 2018 and an application is expected to go to the Alberta Utilities Commission early 2021 with connection before the end of the year.

The project would be built in two phases — 22 megawatts in the first phase and 25 megawatts in the second.

Power generated would go into the provincial electrical grid and reduce carbon dioxide emissions by 47,000 tonnes per year and 1.4 million tonnes over the expected 25-year life of the project.

It is located next to the Nova Chemical petrochemical complex, no formal partnerships have been formed to date.

A number of environmental studies, including breeding bird, raptor nest and fall migration surveys, have been undertaken, along with watercourse and wetland mapping.

Pace Canada LP is also developing a 13-megawatt project in the Hanna area, a nine-megawatt project near Caroline and a six-megawatt project at Youngstown.

All MW references are MW AC.

PACE Canada received coverage in the following local media:

Red Deer Advocate
RDNewsNow

and completes virtual community consultation. Burgate Solar Park will be a 19.5MWp utility scale solar project.

and completes virtual community consultation. Three Bridges Solar will be a 19.5MWp solar project with also the capacity to deploy up to 15MW/30MWh of co-located energy storage.

for development of community generation solar project in Alberta

Rob has extensive experience in the solar sector across financing and asset management. Rob also brings extensive experience of community related financing as PACE explores institutional and innovative financing solutions to enable its projects to operate in increasingly competitive energy markets.

Youngstown is a 10MW photovoltaic project based on a fixed design. PACE Canada LP has completed the individual environmental studies for the project. The Distribution Facility Owner grid offers have been accepted and now listed and advancing in the AESO grid connection queue, the target ISD for Youngstown is September, 2021.

- The fundraising arm for Pathfinder Clean Energy. David has over 10 years investment experience with one of the leading UK clean energy funds and brings experience in origination, transaction, execution, portfolio management and driving investor value across clean energy assets. As the PACE pipeline advances to construction, PACE Capital has been established to fundraise competitive capital to bring the projects through to operation. David is ACA accountancy qualified and based in London.

for industrial self consumption schemes in Spain. This partnership between PACE and Villar Mir will bring together PACE’s local and international technical experience with Villa Mir Energya’s leading position as provider of Power Purchase Agreements in the country.

to support technical and project development. Bristol is the leading city for clean energy in the UK and will provide a base for the company to grow its UK technical support team.

to assist with the development and management of the planning submissions. With PACE’s target to submit over 100MWp of projects in 2020 and an additional 200MWs in 2021 then this addition to the team will assist in the continued growth and success of the development platform. Harmon joins Rob Shaw who has led on the PACE UK planning strategy and implementation.

for its UK clean energy developments. Akshan brings over 8 years of UK clean energy project management and grid experience. He has been involved in clean energy projects for investment and for the manufacturing sector. Akshan leads on technical solutions in the UK and has a Bsc in Renewable Energy.

Joffre is a 60MW photovoltaic project based on a fixed design. PACE Canada LP has completed the individual environmental studies for the project. The Distribution Facility Owner grid offers have been accepted and now listed and advancing in the AESO grid connection queue, the target construction ISD for Joffre is August, 2021.

Dueñas is a 15MW photovoltaic project based on fixed design. PACE along with the local partner has secured the land, agreed the wayleave, obtained a positive pre assessment of Environmental Impact Assessment from Regional Government and also positive preassessment of Planning Permit from Council. Point of Connection is located in a 45kV pole owned and operated by Iberdrola. The POC has been granted by Iberdrola.

on two innovative projects in Cape Verde.These projects will combine solar, Energy Storage, desalination and agriculture and PACE has been appointed to provide technical assistance to the solar and energy storage development.

PACE Spain has obtained EIA approval for its 10MW Magaz utility scale solar project.

to bring utility scale projects through the development cycle and into operation. This partnership will focus on projects in the Castilla y León region.

Engie Fabricom has proven itself as one of the most competitive utility scale solar EPCs in northern Europe and through this partnership with PACE can provide access into the growing Iberian market..

for development of its target of an initial 100MW of utility scale solar projects in the region. The Alberta market is set to show continued and sustainable growth in clean energy with support both regionally and federally.

to expand its involvement in the local solar market. Spain has been a leader in the solar sector and through the establishment of the local office - led by Aitor Larrucea - this will position PACE for its own developments and also provision of technical and local market support to developers and finance houses.

and establish a presence in the North American market.

PACE is pleased to announce Aitor Larrucea has joined the team. Aitor has over 15 years and 600MWp of experience in the renewable sector as Project and Asset Manager for world leading investors, technical advisors and developers. In addition to Aitor’s technical role across all PACE markets he leads on Iberian and LATAM project and business development. Aitor is a qualified electrical engineer.

headquartered in London by Rob Denman and Alex Ross to drive subsidy free clean energy in the UK and internationally. Pathfinder Clean Energy (PACE) builds on the experience of Rob and Alex in subsidised solar in the UK to create a new platform for investment and deployment of clean energy. PACE will be supported by cornerstone investor PBL - the investment vehicle for Rob Denman.