Brief: VGP Announces Pan-European Corporate Solar Energy Deal

VGP NV

21/12/2021 06:11

Dec 21 (Reuters) - VGP NV  VGP1.BR :
    * VGP NV ANNOUNCES PAN-EUROPEAN CORPORATE SOLAR ENERGY DEAL
TO
POWER ALL VGP OFFICES WITH 100% RENEWABLE ELECTRICITY
    * AGREEMENT WAS REACHED WITH SCHOLT ENERGY B.V., INDEPENDENT
ENERGY SUPPLIER, AND ACT COMMODITIES B.V.
    * VIRTUAL POWER PURCHASE AGREEMENT (VPPA) WILL PROVIDE POWER
SUPPLIED FROM VGP'S EXISTING SOLAR FARM ON ROOFS OF VGP PARK
NIJMEGEN, NETHERLANDS, TO VGP OFFICES ACROSS EUROPE
    * SOLAR FARM AT VGP PARK NIJMEGEN TODAY HAS A COMBINED POWER
OUTPUT OF ALMOST 4,400 MEGAWATT HOURS IN TOTAL OF WHICH 2,100
MEGAWATT HOUR IS CURRENTLY BEING UTILISED BY LOCAL TENANTS
    * OF REMAINING OUTPUT CIRCA 450 MEGAWATT HOURS WILL BE
ALLOCATED
TO VGP'S OFFICES ACROSS EUROPE AND REST IS OFFERED FOR PURCHASE
TO DUTCH COMPANIES AND HOUSEHOLDS BY GREENCHOICE, GREEN ENERGY
PROVIDER
    * THIS AGREEMENT COVERS VGP'S 20 OFFICES ACROSS 13 COUNTRIES
    * IT IS ENVISAGED TO INCLUDE VGP'S NEW OFFICES IN FRANCE AND
SERBIA NEXT YEAR ALSO
    * OPERATION WILL BE EFFECTUATED FOR ALL VGP OFFICES BY
JANUARY 1ST
2022

Source text for Eikon:  ID:nGNE3Z8jsV 
Further company coverage:  VGP1.BR 

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