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Virtual Power Purchase Agreement

GoldenPeaks Capital Signed the Largest Corporate PPA Deal in Hungary with Hankook Tire

/LONDON, February 23, 2026, 10:30 GMT, RENEWABLE MARKET WATCH™/ Hankook Tire & Technology (Hankook Tire), a prominent global player in the tire manufacturing industry and part of the Hankook & Company Group led by Chairman Hyunbum Cho, has recently formalised a long-term Pay as Nominated Power Purchase Agreement (PPA) with GoldenPeaks Capital (GPC), recognised as one of Europe’s fastest-growing independent producers of renewable energy.
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Axpo Signed its Largest 3.7 TWh PPA in Spain with Enhol

/Madrid, SPAIN, February 10, 2026, 9:30 CET, RENEWABLE MARKET WATCH™/ Axpo, a leading Swiss energy company, has entered into a significant ten-year power purchase agreement (PPA) with the Spanish renewable energy firm Enhol, marking a major milestone in their ongoing collaboration. The PPA, which encompasses a substantial 3.7 terawatt-hours (TWh) of energy, will cover Enhol's entire wind energy portfolio in Spain. This strategic agreement not only underscores Enhol's commitment to enhancing its renewable energy business within Europe but also plays a crucial role in ensuring the financial stability of its…
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Iberdrola Spain and Renfer Signed a Corporate Renewable Power Purchase Agreement (PPA) for 3,700 GWh of Wind Energy until 2035

/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.
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