ACEA Energia, ERG conclude 2 PPAs for 13.2 MW Avigliano wind project in Basilicata

ACEA Energia and ERG have signed two PPAs concerning the supply of power totalling 1.5 TWh during the period 2020-2022.

The agreements, which provide for most of the electricity to be sold at a price established within a "collar", allow both companies to optimise their risk profiles. The supply involves ACEA Energia's offtake at a set price of the entire electricity output pertaining to the Avigliano 13.2 MW wind farm located in Basilicata, southern Italy, following its recent re-blading.

The pricing dynamics, which are endorsed by the signing of these agreements, will in future be able to form the basis for medium-long term commercial relations between the parties, via the conclusion of new ten-year PPAs.