Luxcara has entered into a power purchase agreement (PPA) for a Danish solar portfolio with Meta (Facebook) totalling 210MW capacity.
This is the largest solar energy purchase agreement in Denmark and further enhances the ongoing strategic cooperation between the two companies, following their existing contract for the output of the Norwegian wind farms of the Bjerkreim cluster.
Together Meta’s agreements with Luxcara in Europe represent nearly €1bn of investment in new renewable energy capacity.
The PPA comprises three solar projects, two in the region of Zealand and one in Jutland.
The projects will provide renewable energy to power Meta’s operations in Europe, including its data centre in Odense, Denmark.
As of 2020, all of Meta’s operations across the globe are supported by 100% renewable energy.
Luxcara managing partner Alexandra von Bernstorff said: ‘‘We are delighted to strengthen our relationship with Meta with this new, highly impactful PPA, and to further demonstrate our expertise in securing long-term, as-produced PPAs in new markets.
“We look forward to partnering with Meta for many more projects in the future and to drive the energy transition forward jointly.”