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Brief: Ahold Delhaize Signs New Power Purchase Agreement In Romania

BRIEF-Ahold Delhaize Signs New Power Purchase Agreement In Romania

- Koninklijke Ahold Delhaize N.V. AD.AS:

  • SIGNS NEW POWER PURCHASE AGREEMENT, FURTHER SUPPORTING RENEWABLE ENERGY DEVELOPMENT IN ROMANIA

  • WILL RECEIVE GUARANTEES OF ORIGIN FOR A PERIOD OF TEN YEARS, STARTING IN 2029

  • WILL BE ABLE TO FULLY MATCH ELECTRICITY CONSUMPTION IN OUR EUROPEAN OPERATIONS WITH RENEWABLE ELECTRICITY BY 2030

  • THIS WILL BE FIVE YEARS AHEAD OF OUR ORIGINAL TARGET WHICH WAS SET AT 2035

  • THEREFORE, THIS AGREEMENT FINALIZES CURRENT EUROPEAN PPA PROGRAM

  • EXPECTED TO START COMMERCIAL OPERATION IN 2029

  • ONSHORE WIND FARM, DUNAREA EAST, WILL BE SITUATED IN CONSTANTA COUNTY AND IS EXPECTED TO PRODUCE 780 GIGAWATT-HOURS (GWH) OF ELECTRICITY PER YEAR

  • SOLAR FARM, DAMA, WILL BE BUILT IN ARAD COUNTY, TO BECOME LARGEST ONSHORE RENEWABLE ENERGY PROJECT IN EU, TWO MILLION SOLAR PANELS EXPECTED TO PRODUCE 1,800 GWH OF ELECTRICITY PER YEAR

Source text

Further company coverage: AD.AS


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