Statkraft signs PPA with Tubos Reunidos Group

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Statkraft, Europe's largest renewable energy generator, and Tubos Reunidos, a leader in the steel tubes production sector, have signed a long-term power purchase agreement (PPA) whereby Statkraft will supply renewable energy to cover parts of Tubos Reunidos Group´s energy consumption for 10 years.

The PPA, which entered into force in February, ensures Tubos Reunidos price stability for the next decade in a sector especially affected by the high energy costs of last year. “The agreement signed with Tubos Reunidos is another step in the role of Statkraft as an engine in the decarbonisation of Spanish industry, especially for those large consumers who due to their high consumption need stability and predictability in prices”, says Simon Kornek, Vice... ... More: Official Press Release Statkraft

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Statkraft, Tubos Reunidas Group, PPA, energy consumption, decade, solar, wind, renewable energy, power purchase agreement, stability, electricity, production