European Energy secures largest PPA in the Baltics
After last year's Covid-infected setback, both appetite and prices are returning to the market, says European Energy as it signs a contract for 3.8 TWh with "true additionality".
European Energy has entered its largest power purchase agreement (PPA) to date measured in power provided. The Danish project developer, which last year took decisions on three Lithuanian wind farms totaling 121 MW, has signed a ten-year PPA on a combined 3.8 TWh with Eesti Energia's subsidiary Enefit Green. The deal is around double the size of the hitherto largest one in the Baltics.
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