[ad_1]
The energy trading business of UK company Centrica PLC (LON:CNA) has signed a power purchase agreement (PPA) with Fraport AG to supply Frankfurt Airport’s owner with electricity from a wind farm in northern Germany.
The contract, announced today, starts in July 2023 and has a term of five years. Under it, Centrica will offtake power from a 22-MW recently commissioned wind farm developed by PNE AG (ETR:PNE3). The energy trader will provide Fraport AG with 63 GWh of renewable electricity a year, helping the airport operator to achieve greater energy security and price certainty, as well as contributing to its sustainability and net zero targets.
Subscribe for Renewables Now’s Corporate PPA Newsletter here for free!
Fraport has a goal of zero carbon emissions by 2045.
According to Jan Gibbert, head of German Origination at Centrica Energy Marketing & Trading, “Germany’s green transition is accelerating, and the focus on sustainability and demand for renewable energy solutions only continues to grow.”
[ad_2]
Source link
