wpd signs Power Purchase Agreement (PPA) with Colorado based Ball Corporation for its Corralnuevo wind farm

wpd signs Power Purchase Agreement (PPA) with Colorado based Ball Corporation for its Corralnuevo wind farm

(PRESS RELEASE) BREMEN, 28-May-2020 — /EuropaWire/ — German developer and operator of onshore and offshore wind farms wpd has announced it achieved a Power Purchase Agreement (PPA) for its project company for the onshore wind farm project “Corralnuevo” with the NYSE listed metal packaging manufacturer Ball Corporation, based in Broomfield, Colorado, United States. The contract comes amidst the difficult times caused by the corona crisis and underlines the success of the Spanish project cluster “Torozos”.

The Corralnuevo project is located on the Torozos plateau in the Spanish region of Valladolid, Castilla y León, and is part of wpd’s Torozos project cluster which includes the other wind farms Las Panaderas, El Poleo and Navillas. wpd has already signed long-term PPAs for these three projects which have already been completed with a total capacity of 135 MW.

The Corralnuevo project consists of 12 Siemens Gamesa G132-3,465 MW turbines with a hub height of 114 m and is designed for a total capacity of 41.58 MW. The expected energy yield is about 120 GWh per year.

The energy yield of the project was a major incentive for Ball’s involvement. “Entering into the Power Purchase Agreement for the Corralnuevo wind farm with wpd underlines our commitment to a low-carbon future and to meet the environmental objectives of our customers,” says Ron Lewis, President, Ball Beverage Packaging Europe. “In line with our commitment to reducing our CO2 emissions, it will enable us to reduce our Scope 2 greenhouse gas emissions in Europe by approximately 24%.”

The contract concluded with Ball is a virtual PPA (vPPA), starting in 2021, and will cover approximately 100 GWh of the project’s electricity generation per year, equating to more than 1 TWh over the entire term of the PPA. “The fact that we have gained another major company as a partner for PPAs in Ball and are able to support them in realizing a climate-friendly energy supply, represents wonderful affirmation of our commitment to renewable energies,” says Wilko Smidt, responsible for project management and PPAs at wpd onshore. “At the same time, this success strengthens our positioning as an experienced and reliable partner for PPAs in the renewable energy market.”

About wpd
wpd AG develops and operates wind farms on- and offshore and solar farms. The Bremen-based German company operates in 25 countries worldwide and has realized wind energy projects with around 2,270 wind turbines and an output of 4,720 MW. The project pipeline comprises a total of 11,300 MW wind onshore, 7,400 MW wind offshore and 1,150 MW of solar energy. www.wpd.de

About Ball
Ball Corporation supplies innovative, sustainable aluminum packaging solutions for beverage, personal care and household products customers as well as for aerospace and other technologies and services. Ball Corporation and its subsidiaries employ more than 18,300 people worldwide and reported 2019 net sales of $11.5 billion. For more information, visit www.ball.com, or connect with us on Facebook or Twitter.

Media contact:

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

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