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48 days ago

RPC SEALS PPA FOR 140MW SWEDISH SITE

Industry News

London-based Renewable Power Capital (RPC) and US consumer goods giant Procter & Gamble have signed a 10-year PPA for the 140MW Sörlidberget wind farm in Sweden.

 

The deal covers more than 90% of the electricity generated by the array, corresponding to an expected 400GWh per annum of green electricity.

 

Sörlidberget forms part of RPC’s 553MW cluster of four wind farms in the Kramfors and Sollefteå municipalities, which are currently under construction.

This is the fourth PPA the developer has signed for the sites, having already secured three other agreements – two 10-year PPAs with LyondellBasell and one 10-year PPA with Ardagh.

 

Almost 100% of the renewable energy generated by the cluster, which is RPC’s largest investment to date, has now been contracted.

 

In January 2024, the developer announced it had ordered 80 Nordex turbines for this cluster and the manufacturer will start delivering and installing the hardware in the spring of 2025, with operations expected to start between fourth quarter 2025 and first quarter 2026. 

 

 “With this deal, we are proud to have reached yet another major milestone for our largest investment to date,” said RPC managing director of power markets and asset management Steve Hunter.

 

“RPC has an impressive range of partners and we look forward to working with such a significant player as Procter & Gamble on their decarbonisation journey.”

 

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