European Energy enters PPA framework with Axpo

Danish developer European Energy A/S has entered a 12-year framework agreement for the sale of electricity with Swiss utility Axpo. The agreement covers power purchase from future European Energy’s industrial solar PV farms in Italy with a combined capacity up to 300 MW. According to European Energy, »the power purchase agreement is the first of its kind in Italy, as large scale solar PV is new to the PPA market in Italy.« Details were not unveiled.
European Energy has a substantial pipeline of projects in Italy. The projects are in various stages of development, with up to 150 MW being ready-to-build.

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