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Verbund, Axpo sign wind PPA with carmaker in Romania

Austrian power producer Verbund AG [VIE:VER] will be supplying wind power to an unnamed automotive company in Romania under a corporate power purchase agreement (PPA) facilitated by Swiss energy trader Axpo Holding AG.   According to Axpo, this is the first long-term corporate PPA for renewable energies with an industrial company in Romania. Under its terms, the automotive supplier will buy 70 GWh of electricity from ...

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