PPA

/Madrid, SPAIN, June 19, 2025, 9:30 CET, Iberdrola/ Iberdrola España, Iberdrola's subsidiary in Spain, and Renfe, Spain's main railway company, join forces to promote the use of wind power in passenger and freight rail transport in Spain, the most electrified mode of transport. The two companies have signed an agreement to purchase onshore wind energy through a VPPA (Virtual Power Purchase Agreement) for 370 GWh a year for a period of 10 years, equivalent to the output generated by 190 MW of wind power.

/Abu Dhabi, U.A.E, December 23, 2024, 11:30 GMT, Masdar, RENEWABLE MARKET WATCHTM/ Masdar, the UAE's leader in clean energy, has significantly expanded its European portfolio by completing two major acquisitions in Spain and Portugal to underpin its ambitious growth plans further. Masdar acquired Saeta Yield ("Saeta") from Brookfield Renewable Partners (NYSE: BEP, BEPC; TSX: BEP.UN, BEPC), together with its institutional partners ("Brookfield"), for an enterprise value of €1.2 billion and an equity value of €696 million.

/BUCHAREST, December 20, 2024, 11:00 GMT, DRI, OMV Petrom/ DRI, the EU renewables arm of Ukrainian energy company DTEK, has signed the largest physical solar power purchase agreement (“PPA”) in Romania with OMV Petrom S.A., the largest integrated energy producer in Southeastern Europe. The PPA is a package deal, grouping three PPAs with OMV Petrom over an 8.5-year period for approximately 100GWh per year at a fixed rate, including the sale of physical electricity and Guarantees of Origin.

/MUNICH, GERMANY, December 12, 2024, 10:00 CET, BayWa r.e./ BayWa r.e. is pleased to announce that agricultural work recently has commenced at Alhendín solar park, combined with environmental and community measures. Thanks to an innovative PPA agreement with the VELUX Group, this flagship 54 MWp-photovoltaic (PV) park in the South of Granada, Spain integrates renewable electricity production, agriculture and biodiversity. Alhendín began delivering electricity to the local power grid in May of this year. The solar park includes an Agri-PV system that combines energy generation with agricultural production, allowing modern farming…

/MADRID, July 11, 2024, 10:00 CEST, Iberdrola/ This new agreement will allow Iberdrola to supply the restaurant chain with a total of 1,500 Gigawatt hours (GWh) of photovoltaic (PV) energy, contributing to accelerating Burger King's path towards decarbonisation and increasing its energy security.

/MADRID, November 2, 2023, 10:00 GMT, Iberdrola/ Iberdrola has signed a strategic agreement with Masdar, a major renewable energy group based in Abu Dhabi, to co-invest in the 476 MW Baltic Eagle offshore wind farm, located in the German Baltic Sea. Following confirmation that all the necessary regulatory approvals have been received, Iberdrola will have a majority stake of 51% in the project, which will help to accelerate energy independence in Europe.

/LONDON, September 7, 2023, 11:00 BST, Shell/ Shell Energy Europe Limited (“Shell”) has signed a 15-year power purchase agreement with HANSAINVEST Real Assets to secure 600 megawatts (MW) of capacity at Germany’s largest solar project. Microsoft has already secured 323 MW of this renewable energy capacity from Shell.

/MADRID, March 1, 2023, 11:00 GMT, Sonnedix/ Sonnedix, the international renewable energy producer, and Endesa Spain’s largest electric company, have signed a twelve-year renewable energy power purchase agreement (PPA). The green energy is produced by a 77MW solar PV portfolio acquired by Sonnedix in July 2021, comprised of five solar plants located in Valladolid, Castilla y León province of Spain. The projects are currently under construction and are expected to start operations within the first quarter of 2023. 

/29th January 2021, RENEWABLE MARKET WATCHTM/ The Government of Kosovo has recently signed an agreement with IFC to help attract a private partner to develop a 50 MW solar photovoltaic (PV) power plant under a structure. The Kosovo Solar project will be implemented through a competitive tender to achieve procurement of lower-cost solar energy. The Republic of Kosovo has a population of 1.8 million and the energy generation in the country is heavily dependent on two old lignite coal-fired power plants with high CO2 emissions. The coal-fired power plants, which cover 91%…