HPP assisted Neste in PPA negotiations with Statkraft


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.

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