Encavis Inks Hybrid PPA with Visalia in Spain

Encavis has solidified a landmark agreement with Visalia in Spain for a hybrid Power Purchase Agreement (PPA) that integrates both solar and wind energy. This three-and-a-half-year deal will deliver 60 GWh of renewable energy yearly from the Aragon portfolio, located near Zaragoza, which encompasses two solar parks and three wind farms.

The innovative structure of this PPA allows for a balanced renewable energy supply by leveraging the complementary nature of solar and wind sources. By doing so, Encavis aims to better meet diverse customer energy needs throughout the day and year.

This agreement reinforces Visalia's commitment to a diversified renewable energy strategy, enhancing their offering to residential customers, homeowners' associations, and small to medium enterprises. Encavis, with significant projects like Talayuela and La Cabrera, continues to deepen its European market presence with the opening of a new office in Madrid.