Ellomay Capital and Statkraft Ink 9-Year PPAs for Italian Solar Plants

Reuters
07 Jul
Ellomay Capital and Statkraft Ink 9-Year PPAs for Italian Solar Plants

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.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ellomay Capital Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9489826-en) on July 07, 2025, and is solely responsible for the information contained therein.

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