Ellomay Capital Ltd., a renewable energy and power generator and developer, has announced the signing of long-term power purchase agreements (PPAs) with Statkraft for three operating solar plants in Italy. The agreements, spanning nine years, cover 75% of the capacity of these plants, which have a combined capacity of approximately 38 MW. This collaboration is part of Ellomay's strategy to enhance the value and stability of its renewable platform across key European markets. The PPAs are expected to provide long-term stability and reflect a structure designed to thrive amid market complexities, while also supporting the growing demand for green energy.
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