WE ARE ALSO THRILLED TO BE CONTRIBUTING TO SWEDEN ’ S ENERGY INDEPENDENCE AND CARBON NEUTRALITY .
INTELLIGENT BRANDS // Green Technology
Equinix signs new wind PPA in Sweden with Neoen producers , allowing for shorter contracting timelines and reduced costs .
Equinix was supported on the transaction by Schneider Electric and Holland & Knight .
Equinix ’ s PPA with Neoen will be the fourth contract signed with the company following similar agreements in Finland , demonstrating Equinix ’ s focus on long-term partnerships with renewable energy producers .
Equinix has announced the signature of a new Power Purchase Agreement with Neoen in Sweden , that will add 15 MW of wind generation capacity to the local grid .
WE ARE ALSO THRILLED TO BE CONTRIBUTING TO SWEDEN ’ S ENERGY INDEPENDENCE AND CARBON NEUTRALITY .
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 decarbonisation strategies . This is our 12th PPA in the Nordics and the 4th 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 .”
The asset , Storbrännkullen Wind Farm , is located in the Swedish municipalities of Ragunda and Sollefteå . The contract will begin in mid-2024 .
Power Purchase Agreements ( PPA ) are a highly impactful way for Equinix to purchase renewable energy at scale , acting as a catalyst for the growth and development of new environmentally friendly power sources in Sweden .
This is Equinix ’ s first contract with Neoen in Sweden , which the companies plan to replicate for future projects in the country . In total , Equinix and Neoen have signed four PPAs in the past 24 months , following three agreements totaling 142 MW of new wind capacity in Finland signed in late 2021 and 2022 .
These repeat deals create critical efficiencies for Equinix and respective renewable energy
Equinix was the first in the data centre industry to commit to becoming climate neutral , aligned to an approved short-term sciencebased target , for emissions reduction across its global operations and supply chain by 2030 . It is also a founding signatory of the EU Climate Neutral Data Centre Operator Pact , which is leading advocacy and steering the development of sustainability requirements for the EU data centre industry to become climate neutral by 2030 . p
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