CCanary Wharf Group develops, owns, and manages a 128-acre estate in East London that serves as a global financial and mixed-use district. The core product is the Canary Wharf estate itself—a 24/7, self-contained city with office space, hundreds of shops and eateries, and extensive public spaces. Revenue comes from leasing office and retail space, residential units, and Vertus, its build-to-rent arm, plus estate-management services such as security, maintenance, and events. It differentiates itself through master-planned, long-term stewardship of a complete district that blends finance, technology, life sciences, and leisure, and aims to grow a globally recognized, multi-use London destination.
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501-1,000
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Debt Financing
Total Funding
$2.1B
Headquarters
London, United Kingdom
Founded
2001
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DLA Piper advises Canary Wharf Group on landmark 10-year renewable energy power purchase agreement. * Author Cynthia Lydia Marbaniang * Published November 5, 2026 Global law firm DLA Piper has advised Canary Wharf Group (CWG) on a 10-year Power Purchase Agreement (PPA) with ENGIE, supporting its decarbonisation ambitions while bringing new renewable energy generation onto the grid. Under the agreement, renewable electricity generated by BSR's 49.99 MW Knowl Green Solar Park will supply around 40% of CWG's current electricity demand, equivalent to powering approximately 12,500 UK homes each year, while avoiding an estimated 11,000 tonnes of CO2 emissions annually. The long-term arrangement provides CWG with access to renewable electricity from a dedicated source while supporting the development of new renewable generation capacity. The transaction also demonstrates the growing role of corporate PPAs in connecting businesses with renewable energy projects and helping to accelerate the transition to a lower-carbon economy. Natasha Luther-Jones, Partner at DLA Piper comments: "Corporate power purchase agreements are playing an increasingly important role in helping businesses secure long-term access to renewable electricity while supporting investment in new clean energy infrastructure. This transaction demonstrates how organisations can use innovative energy procurement arrangements to advance their sustainability objectives, manage long-term energy needs and contribute to the transition to a lower-carbon economy." The DLA Piper team was led by Finance Senior Associate Tom Metcalfe who was supported by Associate Emily Lakeman. Where the legal industry reads first. No spam. Unsubscribe anytime. From Legal Desire Is your firm the one being cited, or the one being skipped? Legal Desire ran the test. On several everyday legal questions, software companies are answering and law firms are not. Legal Desire help firms fix that, and Legal Desire build the technology behind the practice. Lawyers and firms: get featured on Legal Desire. Share your deals, lateral moves, firm news and insights with 1M+ monthly readers: founders, law firm partners, general counsel and practising lawyers across the US, UK, EU and GCC. See the full deal record on DealDatabase The advising firms, the named deal team, the value and the parties, with every other announced deal by the same firms and lawyers. Open the deal record
CWG signs 10-year solar PPA. ENGIE structures supply from BSR's 50MW Knowl Green project By reNEWS Editorial 10:26 on September 22, 2026 2 Mins Read Canary Wharf Group ('CWG') has partnered with ENGIE in the UK and British Solar Renewables ('BSR') on a 10-year power purchase agreement (PPA) for renewable electricity. CWG said the agreement is expected to supply approximately 40% of its current electricity consumption. The company added that ENGIE will manage and structure the supply of renewable electricity generated by Knowl Green, a 50MW UK solar farm developed and owned by BSR. The agreement will provide CWG with long-term price certainty while increasing its supply of low-carbon electricity. The PPA also underpins the development and long-term operation of the new UK solar project by BSR. Knowl Green has full planning consent and a grid connection in place and, once operational, is expected to generate approximately 54GWh of clean electricity each year. The project is expected to generate enough electricity to power around 12,500 UK homes and avoid around 11,000 tonnes of CO[2] emissions annually. CWG has already reduced its Scope 1, 2 and 3 emissions from downstream leased assets by 69% from a 2017 baseline as part of a wider programme of activities. "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," said CWG managing director - ESG Sophie Goddard. "Knowl Green is exactly the kind of project we want to be delivering. 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," said British Solar Renewables chief executive Tim Humpage. "Connecting that generation directly to demand at Canary Wharf is where we see real progress." "This agreement demonstrates how ENGIE can support large-scale commercial customers - like the iconic Canary Wharf, to decarbonise through innovative energy solutions," said ENGIE UK managing director - Energy Management Nathalie Morichon. "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."
BSR, ENGIE and Canary Wharf Group agree 10-year renewable energy partnership. British Solar Renewables Limited is pleased to announce that British Solar Renewables (BSR), ENGIE and Canary Wharf Group (CWG) have agreed a 10-year Power Purchase Agreement (PPA) that will supply renewable electricity from its 50MW Knowl Green Solar Farm. The agreement is expected to provide around 40% of Canary Wharf Group's current electricity consumption, helping support its decarbonisation ambitions while bringing new renewable energy generation onto the grid. Partnership at a glance. * 10-year Power Purchase Agreement (PPA) * Partners: British Solar Renewables, ENGIE and Canary Wharf Group * Project: Knowl Green Solar Farm * Capacity: 50MW * Expected annual generation: Approximately 54GWh of renewable electricity * Equivalent to powering: Around 12,500 UK homes each year * Carbon savings: Approximately 11,000 tonnes of CO[2] emissions avoided annually * Electricity supplied: Around 40% of Canary Wharf Group's current electricity demand Connecting renewable energy with long-term demand. As demand for renewable electricity continues to grow, long-term agreements like this help connect clean energy generation with the businesses that need it most. For Knowl Green Solar Farm, the agreement provides a long-term route to market while helping Canary Wharf Group access renewable electricity as part of its wider sustainability strategy. With ENGIE supporting the arrangement, the partnership demonstrates how developers, energy suppliers and commercial organisations can work together to accelerate the transition to a lower-carbon energy system. Growing its independent power producer portfolio. This agreement is another important step in growing its independent power producer (IPP) portfolio. As an integrated IPP, British Solar Renewables Limited develop, build, own and operate renewable energy projects for the long term. That means British Solar Renewables Limited is involved throughout the lifecycle of a project, from early-stage development through to operation, helping create lasting value for customers, investors, landowners and local communities. Knowl Green Solar Farm forms part of that long-term approach. By retaining ownership of the asset while securing a long-term agreement for its output, British Solar Renewables Limited is continuing to build a portfolio designed to deliver reliable renewable energy for decades to come. Tim Humpage, Chief Executive Officer at British Solar Renewables, said: "This agreement marks an important milestone for Knowl Green Solar Farm and demonstrates the strength of its long-term independent power producer model. Long-term partnerships like this help unlock investment in renewable energy infrastructure while giving businesses greater confidence in their future energy supply. British Solar Renewables Limited is proud to be working with ENGIE and Canary Wharf Group and look forward to seeing Knowl Green Solar Farm deliver clean electricity for years to come." Looking ahead. Renewable energy projects need more than planning consent and grid connections to succeed. They also need long-term customers. Agreements like this help provide the confidence needed to invest in new renewable energy infrastructure, connecting clean electricity generation with long-term demand. Through partnerships such as this, British Solar Renewables Limited is helping deliver the renewable energy infrastructure needed to support the UK's energy transition while creating long-term value for the organisations and communities connected to its projects.
The Tallyman launches in Canary Wharf with 200 free lobster rolls up for grabs! Canary Wharf is getting a brand-new East London-inspired pub, and The Tallyman is celebrating its arrival with 200 free lobster rolls for Londoners to get their claws into. If you're a fan of seafood, good pubs and an excellent freebie, there's a new date to add to your diary. The Tallyman, a characterful new pub opening in Canary Wharf, is marking its launch with a special lobster roll giveaway on Thursday 17 September. From midday until 3pm - or until they run out - hungry Londoners can head to The Tallyman Seafood Shack at 5 Chancellor Passage, Canary Wharf for one of 200 free lobster rolls. And yes, this is very much a first-come, first-served situation. 200 free lobster rolls are up for grabs. The giveaway will take place on Thursday 17 September from 12pm to 3pm, with one lobster roll available per person while stocks last. The lobster rolls, which have an RRP of £18, are being served from The Tallyman Seafood Shack and take inspiration from the seafood offering at sister restaurant Faber, where the lobster lunch concept has already made a name for itself. The message is simple: get there early, because once the 200 lobster rolls are gone, they're gone. The Seafood Shack is set to become a permanent fixture outside The Tallyman, bringing a dedicated seafood offering to Chancellor Passage throughout the week. A new Seafood Shack for Canary Wharf. While the free lobster roll giveaway is designed to celebrate the launch, seafood fans will be able to keep coming back once The Tallyman is open. The Seafood Shack will serve its lobster rolls during lunchtime, while the evening offering will switch things up with oysters, caviar and English sparkling wine. The shack currently operates as a grab-and-go seafood spot, with its lobster offering available from midday. The official menu describes its signature lobster creation as a combination of dressed lobster and crab, with the kitchen producing a limited number each day. The story behind The Tallyman. Located on Chancellor Passage in Canary Wharf, The Tallyman takes inspiration from the area's industrial and dockland heritage. The name comes from the historic tallyman, a trusted figure on London's docks who helped connect workers, ship owners and customs officials. That history is being carried through into the pub's identity, with The Tallyman aiming to create an East End-inspired space built around food, music, community and hospitality. The venue describes itself as an authentic East End pub for Canary Wharf, with its opening centred around the spirit of the docklands and a traditional sense of warmth and good company. More than just lobster rolls. While seafood is set to be one of the major draws, The Tallyman will offer a much broader pub experience. The venue will be open seven days a week, with a menu featuring classic British pub favourites alongside seafood and seasonal dishes. Its current menu includes everything from fish and chips, steak and ale pie and cheeseburgers to oysters, cured trout and other small plates. Sundays will focus on traditional roast dinners, while the pub also plans to host live music, pub quizzes, happy hours and local resident nights featuring emerging musical talent. The aim is to make The Tallyman more than simply another place to grab a drink in Canary Wharf, with the pub positioning itself as a neighbourhood destination for food, entertainment and socialising. When does The Tallyman open? The Tallyman will officially open its doors on Friday 18 September, initially welcoming walk-ins, before opening for bookings from Monday 21 September. The pub is located at Chancellor Passage, Canary Wharf, London, with the venue easily accessible from Canary Wharf's transport links. The Tallyman currently lists its main pub opening hours as Monday to Saturday from noon until late, with Sunday lunch running from midday. For those planning a visit, tables can be booked through the venue's official booking page. How to get a free lobster roll. If you're hoping to grab one of the 200 free lobster rolls, you'll need to head to: The Tallyman Seafood Shack 5 Chancellor Passage Canary Wharf Estate London E14 4PA The giveaway runs from 12pm until 3pm on Thursday 17 September, or until all 200 lobster rolls have been claimed. It's first come, first served, with one lobster roll per person, so seafood lovers will want to arrive early. After the giveaway, the Seafood Shack will continue as a permanent part of The Tallyman, serving lobster rolls at lunchtime and switching to oysters, caviar and English sparkling wine in the evening. You can find out more about the new pub and its launch via The Tallyman's official website, or follow The Tallyman on Instagram. Love lobster? You'll definitely want to get there early - shell yeah!
UK's falling office prices help turn occupants into investors. Falling office values, and rising rents and refurbishment costs mean that some businesses think now is a good time to buy Published Sun, Sep 6, 2026 · 05:35 PM * Ten companies have spent more than £1.3 billion buying their own offices in Britain so far in 2026, according to data compiled by CoStar Group. PHOTO: REUTERS [LONDON] Companies are taking advantage of declining office prices to buy their own workplaces in the UK, as businesses seek to avoid the risk of higher rents from an expected supply squeeze. Ten companies have spent more than £1.3 billion (US$1.8 billion) buying their own offices in Britain so far in 2026, according to data compiled by CoStar Group. If this trajectory continues for the rest of the year, these transactions will reach an annual record, analysts at CoStar added. Though the trend of businesses buying their own premises isn't new - Citigroup bought its London headquarters in 2019 - a combination of falling office values, and rising rents and refurbishment costs means that some businesses think now is a good time to buy. "The costs of moving have become astronomical," said Emma Steele, director of global cross-border investment at Savills. Office values have dipped in recent years due to a variety of factors, including higher interest rates and changing working habits following the pandemic. At the same time, a shortage of supply following a decade of political uncertainty in the UK and rising construction costs means that rents are rising, particularly for top quality space. The biggest deal this year was the one by Barclays in June, when it announced buying its global headquarters for £750 million from Canary Wharf Group in a 999-year lease agreement. Asean intelligence. Get insights into businesses across South-east Asia After a tricky few years following HSBC's initial decision to leave London's eastern business district in 2023, the leasing market has improved, and CWG has asked for rents in excess of £80 per square foot for new space, according to people familiar with the matter who asked not to be identified discussing private information. A representative for CWG declined to comment. That's double the roughly £40 per square foot that Barclays paid, according to one of the people. A representative for Barclays said the purchase secures the lender control of the headquarters beyond the lease term while providing "greater certainty over long-term occupancy costs". Rents aren't the only motivator, though. Supply chain constraints and a shortage of contractors mean that the already high cost to fit-out new offices in London will likely increase further, according to data compiled by consultancy Turner & Townsend. "The cost of fitting out offices today is incredibly high," said Ed Bradley, head of central London office investment at CBRE Group. When occupiers are looking to put huge capital sums into the Cat-B fit-out, or the final stage of design, "it gives them a reason to look to acquire the assets as well". More deals could follow in the capital city, with CBRE currently advising on more than a million square feet of owner-occupier requirements, said Bradley. State Street and the State Bank of India also decided to buy their own offices in London last year. Elsewhere in Britain, Bank of New York Mellon bought an office in Manchester for £114 million earlier this year, while Lloyds Banking Group bought its own Bristol offices for roughly £65 million. The strategy can also turn owner-occupiers into investors who will then sell their workplaces again in the future if office prices start to rise. "If you can do it, it's an amazing idea because at any point in time when the market improves, technically you can write your lease again to yourself from the start, and then you can trade into a better market," said Steele at Savills. BLOOMBERG Share with us your feedback on BT's products and services
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Industries
Company Size
501-1,000
Company Stage
Debt Financing
Total Funding
$2.1B
Headquarters
London, United Kingdom
Founded
2001
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs