The electricity will be sourced through a 15-year power purchase agreement (PPA) with Vienna-based renewable energy producer ImWind Erneuerbare Energie GmbH, AMAG said on Friday. According to its estimates, the offtake deal will cover about 20% of the current annual electricity demand of its headquarters, where green power has been used since 2018.
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The wind power procurement was arranged at a time when AMAG is getting ready for an increasing electricity demand, the aluminium producer explained. ImWind will supply the electricity from three new wind turbines which are expected to be commissioned by end-2024.
“This partnership underscores our commitment to a green future and demonstrates that we are determined to make a significant contribution to climate protection," said Helmut Kaufmann, CEO of AMAG.
