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Avangrid, Inc. has signed a short-term Virtual Power Purchase Agreement (VPPA) with Statkraft, Europe’s largest renewable energy producer. This agreement covers energy from Avangrid’s 35 MW Casselman wind farm in Pennsylvania and marks the second VPPA between the two companies in the past nine months.
The Casselman wind project, which began commercial operations in 2007, is located about 60 miles southeast of Pittsburgh, near Meyersdale and Rockwood. The 23 wind turbines, with a combined capacity of 35 MW, are situated on a rehabilitated surface mine and support local clean energy jobs.
“We are happy to continue building our U.S. relationship with Statkraft, a clean energy leader that aligns with our sustainability goals at Avangrid,” added Pedro Azagra, Avangrid CEO. “This is further proof of an interested market for our productive merchant assets as we manage risk within our existing portfolio of projects. Additionally, partners like Statkraft are key to executing on our commitment to accelerating the clean energy transition.”
”Power purchase agreements are a key driver in moving the green transition forwards”, noted Patrick Pfeiffer, Managing Director of Statkraft’s operations in the United States. “As the demand for clean energy grows in the US, so does the need for providers like Statkraft: We are proud to support our partner Avangrid with long-term certainty, needed to thrive in a competitive market.”
