RES has secured a deal to supply Uniper with electricity from two wind farms in France that it manages for TRIG.
The agreement covers 18.2MW from the 20.8MW Haut Cabardes and the 29.9MW Haut Languedoc projects.
It will replace the French FIT from 1 January 2019 and will provide fixed prices for the next three years.
RES director of operations Renaud Chevallaz-Perrier said: “This is a great example of how RES’s excellent knowledge of the French energy market adds value for our asset-owning clients. This new contract reinforces the long-term vision of our partnership with TRIG.”
Uniper business development manager Alexandre Soroko said: “We really appreciated working with RES and have demonstrated that it was possible to secure contracts at competitive prices in a market environment that remains extremely volatile.”
TRIG investment manager Alexandre Soroko said: “We really appreciated working with RES and have demonstrated that it was possible to secure contracts at competitive prices in a market environment that remains extremely volatile.”