Borealis and Axpo Nordic sign wind PPA in Sweden

Wind Industry Profile of

Borealis has reached an important milestone on its way to increase the share of renewable energy used in its Swedish operations with the signing of a power purchase agreement (PPA) with Axpo Nordic, Switzerland’s largest producer of renewable energy and an international leader in energy trading and the marketing of solar and wind power.

Under the agreement announced today, Axpo will supply Borealis with renewable electricity generated by the 60 MW Hultema wind farm in Sweden, owned by Swiss infrastructure asset manager Reichmuth&Co and currently under construction. The PPA includes the annual supply of more than 130,000 MWh of wind power to Borealis production location in Stenungsund, Sweden over the next ten years. Delivery will begin in January 2024. Axpo... ... More: Official Press Release Borealis

Keywords:

Borealis, Axpo, Sweden, renewable energy, wind farm, PPA, MW, capacity, Hultema, Reichmuth&Co, ocation, producton