EnergyWatch

Statkraft signs 10-year PPA in Spain

Norwegian utility Statkraft has entered a new PPA with Spanish Fortia Energia concerning supply of electricity to larger industrial companies in Spain and Portugal from wind farms and solar facilities under current installation.

Photo: Statkraft

Norwegian utility Statkraft has signed a 10-year power purchase agreement (PPA) with Spanish Fortia Energia to supply 3,000 GWh to large industrial customers in Spain and Portugal that produce, for instance, steel, cement and chemicals, informs Statkraft and Fortia in a press statement.

Statkraft will primarily supply electricity from its forthcoming portfolio in Spain, consisting of wind and solar farms under current installation.

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