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Equinix signs new wind PPA with Neoen

Image: Adobe Stock/ metamorworks

Equinix has signed a Power Purchase Agreement with Neoen in Sweden, which is set to add 15 MW of wind generation capacity to the local grid.

The contract will begin in the middle of 2024 at Storbrännkullen Wind Farm, located in the Swedish municipalities of Ragunda and Sollefteå.

This is Equinix’s first contract with Neoen in Sweden. In total, Equinix and Neoen have signed four PPAs over the past 24 months, following three agreements totalling 142 MW of new wind capacity in Finland signed in late 2021 and 2022.

Sami Holopainen, acting Managing Director for Sweden at Equinix said, “Signing this new PPA with Neoen in Sweden demonstrates Equinix’s focus on long term partnerships with renewable energy companies and reinforces Equinix’s continued commitment to sustainability in Sweden.

“This contract facilitates the development and operations of a new wind project which will contribute towards Equinix’s renewable goals while also helping further deployment of renewables in Sweden and bring benefits to the local community.”

Christophe Desplats-Redier, Regional Director of Neoen in Europe, added, “We would like to thank Equinix for their continued trust – it highlights our ability to support companies in their decarbonization strategies. This is our twelfth PPA in the Nordics and the fourth signed with Equinix for a total capacity of 157MW.

“We are also thrilled to be contributing to Sweden’s energy independence and carbon neutrality by adding new renewable plants. With our growing local team, we will further accelerate our development in this country.”

Equinix was supported on the transaction by Schneider Electric and Holland & Knight.

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