Perhaps they want to keep their options open. For example, they can install a large battery (Northam is specifically described as "battery-ready"), charge it from the solar farm, and sell (dispatchable) power from the battery on-market when prices are highest during the evening peak or when there is a shortage in supply due to say a coal-fired generator going off-line.
One of the main advantages of a PPA may simply be to lower the perceived risk as far as lenders are concerned. If CCE already has the finance secured, then the need for a PPA is not so urgent.
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Perhaps they want to keep their options open. For example, they...
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