wpd Secures Long-Term Power Purchase Agreement with LyondellBasell for Licata Wind Farm in Italy

wpd Secures Long-Term Power Purchase Agreement with LyondellBasell for Licata Wind Farm in Italy

(IN BRIEF) wpd has signed a ten-year PPA with LyondellBasell for the Licata onshore wind project in Sicily. The project, featuring seven Vestas turbines, will generate 79,000 MWh annually, supporting LyondellBasell’s emissions reduction efforts. This partnership underscores LyondellBasell’s commitment to sustainability while enhancing wpd’s position as a leader in renewable energy development.

(PRESS RELEASE) BREMEN, 30-Jan-2025 — /EuropaWire/ — wpd, a prominent international developer and operator of wind farms and solar parks, has secured a ten-year Power Purchase Agreement (PPA) with Netherlands-based LyondellBasell for the Licata onshore wind project in Italy.

The Licata wind farm, situated along the southern coast of Sicily, is currently under construction and will feature seven Vestas V150 turbines, collectively delivering a total capacity of 30 MW. The wind farm is expected to produce approximately 79,000 megawatt hours of electricity annually, enough to power around 32,000 households. The project is part of wpd’s 1.3 GW pipeline in Italy, highlighting the company’s ongoing commitment to renewable energy in the region.

With this PPA, LyondellBasell, a leading global chemicals company, reaffirms its commitment to sustainability and climate action. The agreement with wpd represents a significant step in LyondellBasell’s strategy to reduce carbon emissions and advance its efforts towards lower-carbon solutions.

“Teaming up with wpd on the Licata wind project marks a pivotal move in our strategy to deliver innovative, low-carbon solutions,” said Chris Cain, Senior Vice President of Net Zero Transition Strategy at LyondellBasell. “This agreement will provide reliable, onshore wind energy to power our operations in Ferrara, aiding our emissions reduction goals and promoting sustainable industrial practices in Italy.”

Andreas Chollet, Head of Project Development for Italy at wpd, expressed his enthusiasm for the partnership, saying, “At wpd, we pride ourselves on being a trustworthy partner for long-term power supply contracts. We are thrilled to collaborate with LyondellBasell and support their transition toward a sustainable future by providing clean, renewable energy.”

With an impressive global pipeline of 19,320 MW for onshore wind and 5,015 MW for photovoltaics, wpd is well-positioned to continue securing long-term agreements to supply CO2-free energy to industries and communities, furthering the global shift towards sustainable energy solutions.

About wpd

wpd is one of the world’s leading developers and operators (IRPP) of wind and solar farms. Founded in 1996, the company develops, finances, constructs and operates wind farms and solar parks in 31 countries. The IRPP business includes projects in its own portfolio with a total capacity of 3,192 MW. Thanks to its growing expertise, the company is considered a reliable partner for Power Purchase Agreements (PPAs). wpd is steadily expanding its activities in the German domestic market and internationally in Europe, Asia, North America and South America and has a project pipeline totaling 19,320 MW of onshore wind and 5,015 MW of solar energy.

www.wpd.de/en/

About LyondellBasell

We are LyondellBasell (NYSE: LYB) – a leader in the global chemical industry creating solutions for everyday sustainable living. Through advanced technology and focused investments, we are enabling a circular and low carbon economy. Across all we do, we aim to unlock value for our customers, investors and society. As one of the world’s largest producers of polymers and a leader in polyolefin technologies, we develop, manufacture and market high-quality and innovative products for applications ranging from sustainable transportation and food safety to clean water and quality healthcare.

For more information, please visit www.lyondellbasell.com or follow @LyondellBasell on LinkedIn.

Media Contacts:

Christian Schnibbe
Head of Communication
c.schnibbe@wpd.de
T +49 (421) 16866-10
F +49 (421) 16866-66

Dr. Jens Feldmann
Press Officer
j.feldmann@wpd.de
T +49 (421) 16866-10
F +49 (421) 16866-66

SOURCE: wpd AG