ePPAs are long-term offtake agreements for companies looking to meet renewable energy targets while leaving underlying electricity purchase contracts untouched.
By establishing offtake agreements with specific renewable plants, ePPA enables organisations to demonstrate their long-term commitment to local renewable energy transitions in a tangible way.
ePPA+ goes further, establishing offtake agreements with projects yet-to-reach financial close to enable buyers to make a material contribution to financing for newbuild renewable power plants.
Benefits of an ePPA at a glance
- Long-term REC offtake from existing renewable power plants
- Hedges against long-term REC price volatility
- Links buyers to a specific, named power plant
- Meets requirements of all major sustainability reporting initiatives
Sits alongside electricity purchase contracts leaving them untouched
For clients who want to go further and drive development of new capacity, we offer ePPA+ - long-term REC offtake from renewable projects yet to reach financial close. Contact us to learn more.
ePPAs link buyers to specific named renewable power plants
Based on established standards
Both forms of ePPA are based on established certificate standards such as Guarantees of Origin (GOs), North American RECs and the International REC Standard (I-RECs), that are recognised by all major sustainability reporting initiatives.