Lhyfe and Kallista Energy sign corporate power purchase agreement

Independent renewable energy producer Kallista Energy will sell wind-generated electricity to Lhyfe under a long-term contract.

In a statement, Lhyfe said it demonstrated for the first time, the emerging green hydrogen market, supported by the French Government and the European Union, has provided ‘sufficient visibility’ for a corporate power purchase agreement (CPPA), and for Kallista Energy to secure bank financing for the repowering of a wind park.

For Lhyfe, this CPPA secures the power supply for its future green hydrogen production sites, consolidating its sustained growth.

The wind park in Brachy, in Seine-Maritime (France), has five wind turbines and is nearly 17 years old. Kallista Energy, the farm’s owner and operator, plans to repower it with the latest-generation turbines. The repowered wind park will be able to generate 70% more electricity with the same number of wind turbines.

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