Several companies are participating in a two-phase agreement centred on the Sant Jordi solar park in Castellón, near Valencia in Spain.
Initially, MET Energía España signed a 10-year Power Purchase Agreement (PPA) with Prosolia Energy to secure the electricity generated by this 23 MW solar installation in Valencia.
In the next phase, MET Energía España entered an agreement with Atlantic Copper and Fortia Energía, committing to supply Atlantic Copper with power from the Sant Jordi plant.
Fortia Energía, a prominent independent energy trader on the Iberian Peninsula, serves numerous large industrial clients in Spain and Portugal. The PPA between these parties includes a 100% certificate of origin, guaranteeing the renewable source of the electricity provided.
Alberto Pérez, Power Director at MET Energía España, says:
“One of MET’s strengths in the European electricity markets is its ability to structure innovative solutions in a transparent way over the long term, creating added value for both renewable energy producers and large industrial customers.
These two PPAs provide new options for the decarbonisation of the Spanish industry.”
Javier Martínez, CEO of Prosolia Energy, adds, “With this strategic agreement, we consolidate our position as an independent power producer and strengthen our commitment to continue contributing to the decarbonisation of the energy supply and to greater sustainability in European industry.
“Our collaboration with MET enables us to offer industrial customers green electricity from our plants in a baseload form adapted to their consumption needs.”
This solar PPA portfolio accounts for 38% of Atlantic Copper’s electricity purchases. Esther Alonso, General Manager of Energy Transition and Sustainability at Atlantic Copper, highlights:
“This contract is the fifth in our portfolio, which we started six years ago, and which now accounts for 38% of our electricity purchases. It is an important pillar of our decarbonisation strategy and our commitment to the use of renewable energy to ensure a secure, competitive and clean supply.”
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