Corporate PPAs (Power Purchase Agreements) are longterm agreements (up to 15 years) for the supply of energy from renewable sources, usually produced by new capacity investments, at fixed prices or in any case prices protected (with structured collar or floor type solutions) against fluctuations in market price.

More and more companies have the sustainable development of their business as a priority, with a view to safeguarding the environment and creating sustainable value for their stakeholders.

The use of electricity produced from renewable sources represents a first step towards sustainability, but today companies are considering adopting long-term practices which demonstrate their solid contribution to the development of new production capacity from renewable sources.

On the other side are those who invest in renewable assets - like us at ERG - despite a grid parity (market competitiveness of renewable sources on a comparable level with that of conventional sources) which is still uncertain and the progressive reduction of incentives, continuing to believe in green development. But to ensure the financial sustainability of these investments, a merchant remuneration for the energy produced is required which is stable and not threatened by the volatility of market prices.

The contact point between these needs are the so-called Corporate PPAs (Power Purchase Agreements), which are longterm agreements (up to 15 years) for the supply of energy from renewable sources, usually produced by new capacity investments, at fixed prices or in any case prices protected (with structured collar or floor type solutions) against fluctuations in market price.

The contact point between these needs are the so-called ERG's Sales area created earlier this year has as its main objective the scouting of possible buyers of our energy and the signing of this type of agreement to support our investments in new production capacity for which incentives are not currently provided, in particular in the UK but also in support of our repowering projects in Italy.