Statkraft signs 150MW PPA with Alterric in Germany


April 18, 2024

Norwegian utility Statkraft has agreed to buy electricity totalling 1.2TWh from 11 wind farms totalling 150MW in Germany owned by local operator Alterric.

Statkraft announced that the contracts at the projects would run for between two and five years each. It plans to supply the power to industrial customers and said the power purchase agreements would enable Alterric to fund the projects profitably without state funding.

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