Statkraft signs PPA for 93 MW of wind in Spain

Norwegian state-owned energy company Statkraft AS has signed a power purchase agreement (PPA) with Fortia Energia, a Spain-based energy platform representing large industry electricity consumers, for two wind farms with a combined capacity of 93 MW.

The two third-party wind parks in Castilla y León, in northwestern Spain, were recently hooked to the grid. They will power various industrial sites of Fortia clients, mainly in Andalusia and Catalonia, through 2029.

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This is the second PPA between the companies. In January 2019, Statkraft and Fortia signed a 10-year contract for 3,000 GWh from wind and solar facilities in Spain.

"By signing this agreement with a large European company like Statkraft, we are helping to drive a more sustainable and resilient industrial model by providing our customers with a long-term, renewable and competitive supply of energy," Fortia chairwoman Blanca Losada commented.