A2A and FERA Group (Fabbrica Energie Rinnovabili Alternative) have signed a Power Purchase Agreement (PPA) for the supply of green energy to a wind farm with an installed capacity of 25.2 MW, located in Liguria in the province of Savona.
The agreement, which has a ten-year term, envisages that A2A will purchase the renewable energy produced by the ‘Monte Greppino’ wind farm – owned by ADELASIA SRL, a subsidiary of FERA – equivalent to over 65 GWh per year and capable of meeting the energy needs of an estimated 17,000 households, thus avoiding over 16,000 tonnes of CO₂ emissions into the atmosphere each year.
For A2A – led by CEO Renato Mazzoncini, Italy’s second largest player in renewable energies – this partnership is in addition to previous PPA agreements aimed at giving a further push to the green energy market by providing its customers with targeted solutions which favour the country’s decarbonisation process. With this goal in mind, the Group plans to invest EUR 16 billion by 2035.
‘Thanks to our partnership with the FERA Group, we can continue our commitment to make an increasing share of green energy from renewable sources available to customers and to support the country’s journey toward the energy transition and decarbonisation,’ commented Lorenzo Spadoni, Director of A2A’s Generation and Trading BU. ’
‘This is the second PPA signed by the FERA Group in the last six months, and we are very pleased with this partnership with A2A, an historic company that is, like us, committed to the energy transition in Italy. This agreement further enhances our corporate mission, which for more than twenty years has driven us to build plants to produce renewable energy, enhancing local territories natural resources and thus providing economic benefits to support the municipalities involved,’ commented Luigi Pennisi, CEO of Adelasia SRL.