24.9.2018

Offtaker – Corporate PPAs for Renewable Energy

We represented a large multinational corporation in conclusion of several significant power purchase agreements (PPAs) for wind energy in Finland. A corporate PPA is an agreement between a power producer and a purchaser, called the offtaker, for the purchase of renewable energy in the future. The conclusion of these long-term PPAs marked the entry of the PPA transactions into the Finnish renewable energy market. Corporate PPAs also have a role in
paving the way from a subsidy-based renewable energy production to innovative market-based mechanisms that support sustainability goals at corporate level.