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to-the-point: Engie inks 10-year PPA with Spanish gym chain

Wind turbines. Source: European Commission (ec.europa.eu).

May 9 (Renewables Now) - Engie Espana will supply electricity from renewables to Spanish fitness chain GO Fit under a 10-year purchase power agreement (PPA), the unit of France’s Engie (EPA:ENGI) announced on Monday.

The PPA, effective as of April 1, 2019, covers almost the entire power demand of GO Fit’s 19 sports facilities. The power is coming with certificates of origin. 

The Engie group holds a renewables portfolio of around 2 GW backed by PPAs worldwide.

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Sladjana is the newest addition to the Renewables Now team. She has significant experience as a Spain-focused business news reporter and is now diving deeper into the global renewable energy industry.

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