HomeDecember 10, 2020
Retail Supplier Announces 650 MW Of Renewable Energy Offtake Contracts With Amazon
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ENGIE announced several energy offtake contracts with Amazon for a global renewable energy portfolio of wind and solar projects across the United States, Italy and France totaling 650 MW.
These Corporate Power Purchase Agreements (PPAs) will exclusively rely upon renewable energy production facilities developed by ENGIE. For ENGIE, this operation is the largest portfolio of agreements signed at once with a single counterparty.
In the United States, Amazon's new renewable energy solar and wind projects with ENGIE represent 569 MW in Delaware, Kansas, North Carolina, Ohio and Virginia. They will supply Amazon with approximately 1,850 GWh of power and with the associated project renewable energy credits (RECs) annually. Projects are expected to reach commercial operation in 2021 through 2022.
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