Centrica Energy Trading has signed a long-term power purchase agreement (PPA) with Taaleri Energia for 312MW of electricity from the latter’s operational renewables portfolio in Finland.
The five-year PPA under will see Centrica off-take Taaleri’s power production across 13 sites.
Centrica Energy Trading will also be responsible for the long-term trading and balancing for a 33MW Taaleri Energia wind farm in Norway.
The 10-year agreement is part of a larger European renewable corporate PPA where Centrica will provide supply services for the off-taker on behalf of the project.
Centrica Energy Marketing & Trading managing director Cassim Mangerah said: “We are excited to deepen our relationship with Taaleri Energia and help them to realise their green ambitions.
“Being awarded its Finnish operational renewable portfolio and growing our presence in Norway is an important milestone for our route-to-market business, and demonstrates our reputation and capabilities as a leading partner in renewable energy trading and corporate PPAs.”
Taaleri Energia managing director Kai Rintala said: “We are pleased with these long-term agreements with Centrica.
“We have concluded a series of successful PPAs together and we value Centrica’s expertise and capabilities when it comes to renewable energy trading and risk mitigation.”