PPAs

Power Purchase Agreements

Secure predictable revenues, reduce market exposure, and optimise the value of your renewable energy production through long-term Power Purchase Agreements tailored to your assets and strategy.

Not an energy producer?

Secure Revenue Streams. Maximise Project Value.

Transform your renewable generation into bankable revenue through strategic PPAs.

Whether you're developing new assets or optimising existing projects, we deliver the market expertise and counterparty access that turn energy production into predictable, premium returns.
 
Our comprehensive PPA solutions ensure your renewable assets achieve maximum financial performance and project bankability.
 
Because expertise makes the difference in volatile markets.

Why energy producers need PPAs

Secure project financing

PPAs provide the revenue certainty that lenders require for project financing. With predictable cash flows over the long term, your renewable projects become bankable assets that attract competitive financing terms and unlock development capital.

Hedge market volatility

Power markets are extremely volatile, with prices changing by the minute. PPAs allow you to lock in fixed prices providing revenue stability.

Access premium markets

Large energy buyers increasingly demand specific renewable attributes – traceability, granularity, and additionality. Through our corporate network, you can access premium pricing that values these attributes, particularly for hydro, wind, and PV projects.

Success Stories

01

Norlys is Denmark’s largest integrated energy and telecom group, owned by 800,000 consumers and employing around 4,500 people nationwide.

02

Eurowind Energy develops and operates renewable energy projects across Europe, focusing on wind, solar, hydrogen and storage solutions.

03

Denker & Wulf is a German renewable energy company founded in 1995. They develop, build and manage wind and solar parks, with ~280 specialists and 2,000 MW installed capacity.

04

European Energy develops, builds, and operates solar and wind farms, battery storage and Power-to-X projects worldwide, to enable the global green transition.

05

GreenLab is a green & circular industrial park in Skive, Denmark, developing, demonstrating and implementing integrated renewable energy production, storage, Power-to-X and intelligent energy-data networks.

Some of our clients

Our PPA solutions

PPAs

Structured long-term power agreements tailored to your project’s profile, risk appetite, and market strategy. We offer a full suite of solutions across corporate, utility, and financial PPAs.

  • Contract structures aligned with investor and bank expectations
  • Full commercial flexibility from fixed to merchant models
  • Access to power markets across multiple geographies

Corporate PPAs (cPPAs)

Secure long-term revenue streams through direct agreements with energy consumers seeking renewable electricity. Our corporate network provides access to premium pricing for projects that meet specific sustainability criteria.

  • Fixed pricing over the long-term
  • Premium rates for high-quality renewable attributes
  • Bankable counterparties with strong credit profiles
  • Simplified contract structures for faster execution
  • Financial or physical settlement

Utility PPAs

Access wholesale markets through agreements with utilities and energy suppliers. These arrangements provide market access for projects of all sizes while maintaining operational flexibility.

  • Flexible contract terms and volumes
  • Market access without direct corporate relationships
  • Standardised agreements for efficient execution
  • Portfolio aggregation opportunities
  • Financial or physical settlement

Support services

Maximise the value and performance of your power agreements through comprehensive operational support. Whether we structure your initial PPA – or join an existing one as a service provider – we manage the complexity so you can focus on generation and optimisation.

  • Sleeving and delivery for seamless power and gas execution
  • Balancing services for compliance and volume fluctuations
  • Ancillary revenue optimisation beyond core energy sales
  • Operational support for existing PPAs across counterparties

How we add value

A row of wind turbines next to a row of solar panels.

Market access

Direct relationships with energy consumers and utilities across Nordic and European markets. Our extensive counterparty network ensures competitive pricing and optimal contract terms for your specific project profile.

Two solar panels and a wind turbine in the background.

Structuring expertise

Deep knowledge of PPA markets, contract structures, and risk allocation. We optimise agreements to balance revenue certainty with operational flexibility, ensuring bankable contracts that support project financing requirements.

A row of wind turbines in a field.

Risk management

Comprehensive approach to counterparty risk, credit assessment, and contract performance. We ensure your PPAs provide genuine revenue security through rigorous due diligence and ongoing contract management.

Our approach

Strategic planning

We work with you to develop optimal PPA strategies that align with your project economics, financing requirements, and market positioning. Our approach balances revenue certainty with operational flexibility to maximise long-term value.

Market positioning

Position your projects competitively in consumption and utility markets through strategic timing, optimal contract structures, and emphasis on premium renewable attributes that command higher prices.

Ongoing optimisation

Continous monitoring and management of PPA performance with proactive contract administration, settlement managemen, and strategic advice on market developments and re-contracting opportunities.

Ready to secure your revenue streams?

In a volatile market, expertise and adaptability separate leaders from followers. Our energy market specialists understand the unique challenges facing renewable energy producers. Let's discuss how our integrated approach can transform your assets into sustained competitive advantage.

Because expertise makes the difference in securing your revenue streams.

Get in touch with
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Naja Lyngholm Skovlyk
Chief Commercial Officer
Origination
Huy Bao Jean-B. Hoang
Head of Structured Origination, Europe
Nordics
Origination
Eddie Weissenborn
Lead Originator, Germany
Germany
Origination
Germany
Origination
Nicholas Albert O'Keeffe
Lead Portfolio Manager
Origination

Frequently Asked Questions

What is a PPA?

A Power Purchase Agreement (PPA) is a long-term contract between a renewable energy generator and an energy buyer that establishes terms for electricity sales. PPAs provide fixed pricing, creating revenue certainty for generators while securing renewable energy supply for buyers.

What is the typical duration for a PPA?

PPA terms typically range from 5-20 years, with 10-15 years being most common for corporate agreements. Duration depends on project financing requirements, technology type, and counterparty preferences.

How do PPAs affect project financing? 



PPAs provide the revenue certainty that lenders require for project financing. A well-structured PPA with a creditworthy counterparty can significantly improve financing terms and reduce capital costs.

Can we combine PPAs with merchant sales?

Yes, many projects use PPAs to cover 60-80% of expected generation while maintaining merchant exposure for the remainder. This approach balances revenue certainty with upside potential.

What happens if our project generates more or less than contracted volumes?

PPA contracts include specific provisions for volume variations. Typically, shortfalls require replacement energy purchases while excess generation can be sold at market prices, subject to contract terms.