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BASF, ENGIE Sign Power Purchase Agreement for Renewable Energy in Europe

The electricity will initially come from onshore wind farms located in various sites throughout the Spanish territory.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

ENGIE and BASF have signed a 25-year Power Purchase Agreement (PPA) for renewable energy in Europe. Under the PPA, effective as of Jan. 1, 2022, ENGIE will provide BASF with up to 20.7 terawatt hours of renewable electricity in total throughout the term of the agreement. Multiple European BASF sites will be supplied from ENGIE’s renewable project portfolio in Europe. The electricity will initially come from onshore wind farms located in various sites throughout the Spanish territory in which EN...

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