Erg, through its subsidiaries Evishagaran Wind Farm Limited and Craiggore Energy Limited, announced that it has signed a long-term agreement with ElectroRoute Energy Supply for two Power Purchase Agreements (PPAs) for the supply of renewable energy produced by the onshore wind farms of Evishagaran and Craiggore in Northern Ireland.
The two plants, with a total installed capacity of 70 MW and an estimated annual production of over 250 GWh, currently in an advanced stage of construction, will come into operation by the end of 2021. The supply will take place in ‘pay as produced’ mode with a fixed price remuneration on all the energy produced. ElectroRoute will also guarantee the “Route to Market” service to allow energy to be fed into the country’s electricity grid. “The signing of the two contracts represents a further important step in the direction of the objectives of our Industrial Plan 2021-2025, which envisages the evolution towards an infrastructural model through the security of revenues”, declared Paolo Merli, CEO of Erg.