09/16/2021 | Press release | Distributed by Public on 09/16/2021 01:37
Madrid, September 16th 2021: EDP Renováveis, S.A. ('EDPR') has secured 15-year Power Purchase Agreements ('PPA') for 127.5 MW with The Procter & Gamble Company ('P&G'), to sell the clean energy produced by a 100 MWac solar park and a 47.5 MW wind farm, both located in Spain, that will avoid estimated annual emissions of over 130 thousand tons of CO2.
With this new agreement, EDPR has now 0.6 GW of capacity secured in Spain set to enter in operation from 2021 onwards.
EDPR's success in securing new PPAs reinforces its growth strategy based on the development of competitive projects with a low-risk profile, fostering the acceleration of the energy transition and the decarbonization of the economy.
EDP Renováveis, S.A.