HPP assisted Neste in PPA negotiations with Statkraft

tuulivoimapuisto-hpp-1

HPP assisted Neste Oyj in negotiations with Statkraft regarding a long term renewable power purchase agreement, according to which Statkraft will begin wind power deliveries to Neste’s Porvoo refinery in Finland in mid-2022. The total annual capacity of the wind PPA is approximately 215 GWh, which corresponds to some 18% of the electricity consumption at Neste’s refinery in Porvoo, Finland.

The signed agreement supports Neste’s commitment to reduce the carbon footprint of its production and to reach carbon neutral production by 2035. Neste’s aim is further to use 100% renewable electricity globally by 2023.

Press release

Jaa sisältö verkossa

Read also

Aerial,View,Of,Windmills,In,Green,Summer,Forest,In,Finland
Energy and Renewables, Transactions

HPP advised Njordr on the sale of its Finnish and Swedish onshore wind and solar PV business to RPC

HPP-advised-Pohjan-Voima-in-Divestment-of-Bess-Project
Energy and Renewables, Transactions

HPP Advised Pohjan Voima Oy in Divestment of 125MW BESS Project

HPP rahoitus referenssi
Banking and Finance, Mining

HPP advised Terrafame Ltd in its financing arrangement to fund the company’s investment programme

CONTACT US