News Release from wpd GmbH

Wind Industry Profile of

wpd GmbH

05/28/2020

Further successes on the Spanish wind market: wpd concludes PPA for ‘Corralnuevo’ wind farm

wpd can report further successes with the Spanish project cluster ‘Torozos’ even in times made more difficult by the corona crisis. Through its project company for the onshore wind farm project ‘Corralnuevo’, the Bremen-based developer and operator of onshore and offshore wind farms has signed a Power Purchase Agreement (PPA) with Ball Corporation, based in Broomfield, Colorado, USA.

The Corralnuevo project is located on the Torozos plateau in the Spanish region of Valladolid, Castilla y León, and is part of wpd’s Torozos project cluster which includes the other wind farms Las Panaderas, El Poleo and Navillas. wpd has already signed long-term PPAs for these three projects which have already been completed with a total capacity of 135 MW.

The Corralnuevo project consists of 12 Siemens Gamesa G132-3,465 MW turbines with a hub height of 114 m and is designed for a total capacity of 41.58 MW. The expected energy yield is about 120 GWh per year.

The energy yield of the project was a major incentive for Ball’s involvement. “Entering into the Power Purchase Agreement for the Corralnuevo wind farm with wpd underlines our commitment to a low-carbon future and to meet the environmental objectives of our customers,” says Ron Lewis, President, Ball Beverage Packaging Europe. “In line with our commitment to reducing our CO2 emissions, it will enable us to reduce our Scope 2 greenhouse gas emissions in Europe by approximately 24%.”

The contract concluded with Ball is a virtual PPA (vPPA), starting in 2021, and will cover approximately 100 GWh of the project’s electricity generation per year, equating to more than 1 TWh over the entire term of the PPA. “The fact that we have gained another major company as a partner for PPAs in Ball and are able to support them in realizing a climate-friendly energy supply, represents wonderful affirmation of our commitment to renewable energies,” says Wilko Smidt, responsible for project management and PPAs at wpd onshore. “At the same time, this success strengthens our positioning as an experienced and reliable partner for PPAs in the renewable energy market.”