Statkraft is to supply electricity to power management platform Fortia Energia in Spain under a 93MW power purchase agreement (PPA).
Under the terms of the deal, electricity will be supplied from two third-party wind farms to the platform, which delivers power to large industrial consumers in sectors such as steel, cement, metallurgy, chemicals and paper.
The agreement runs through 2029 and will supply companies mainly located in Andalusia and Catalonia, Statkraft said.
The wind farms are located in Castilla y Leon and have recently been connected to the grid, the company added.
This is the second large-scale agreement between the two companies for the supply of renewable energy to Spanish industry.
Statkraft vice president south European origination Simon Kornek said: “This PPA with Fortia once again demonstrates that it is possible to provide industry with green energy from Spain and at large scale.
“We are proud to be able to support Fortia and Spanish industry in the fulfilment of their climate objectives and contributing to the expansion of renewable energy in the country.”
Fortia chairwoman Blanca Losada said: “By signing this agreement with a large European company like Statkraft, we are helping to drive more sustainable and resilient industrial model by providing our customers with a long-term, renewable and competitive supply of energy.
“The current crisis has highlighted the importance of industry and its value in supporting and driving the economy.
“The energy transition offers, especially in Spain, exciting opportunities for recovery, which a platform like Fortia can bring to the industry in an innovative, solvent and tailored way.”