Last Updated on December 3, 2025 by Author
ERG, a leading independent renewable energy producer, announces that it has reached, through its subsidiary Furukraft AB, an agreement for the signing of a 10-year Power Purchase Agreement (PPA) with Skellefteå Kraft AB, a Swedish municipality-owned power company and one of the country’s leading electricity producers.
The agreement, starting from January 1st, 2026, provides for the pay-as-produced supply of around 150 GWh per year, for a total of 1.5 TWh, of renewable energy generated by ERG Furuby wind farm, located in southern Sweden. The wind farm has an installed capacity of 62 MW and an annual production of approximately 200 GWh, corresponding to 140 kt of CO₂ emissions avoided each year.
Paolo Merli, Chief Executive Officer of ERG, commented: “Thanks to this important agreement signed with a Swedish municipality-owned power company, ERG further strengthens its revenue-stabilization strategy and confirms its leadership in the market of PPAs, key tools for the energy sale in a particularly volatile price environment. This agreement adds to the PPAs signed since 2021 with leading counterparties and brings the Group’s secured annual renewable energy output to over 3.8 TWh”.