EQS-News

clearvise AG signs long-term Corporate Power Purchase Agreement for French solar park

EQS-News: clearvise AG / Key word(s): Contract clearvise AG signs long-term Corporate Power Purchase Agreement for French solar park 26.03.2024 / 08:30 CET/CEST The issuer is solely responsible for the content of this announcement.

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clearvise AG signs long-term Corporate Power Purchase Agreement for French solar park
 

• clearvise concludes first corporate PPA
• Another important milestone for the French core market
• clearvise continues to optimise its portfolio with this deal

Frankfurt, 26 March 2024 – clearvise AG (WKN A1EWXA / ISIN DE000A1EWXA4), an independent power producer for renewable energies with a diversified European portfolio of wind and PV plants, announces the signing of a long-term power supply contract for the French solar park Chassiecq with Tokai COBEX Savoie. The Japanese Tokai COBEX Group is a global manufacturer of carbon and graphite fibre products used in a wide range of industries.

The 36.4 MWp Chassiecq solar park in the Nouvelle-Aquitaine region is scheduled to be connected to the grid at the end of the second half of 2024 and is expected to generate more than 47 GWh of electricity per year. Under the PPA, Tokai COBEX will purchase all the energy produced by the Chassiecq solar park for its two French factories over a total term of 11 years. The Chassiecq solar park is the first project in clearvise's French clearPARTNERS pipeline. Together with its cooperation partners, Hamburg-based LNF Energy and a French developer, clearvise is realizing the development, financing and construction of the project.

Petra Leue-Bahns, CEO of clearvise AG, comments: “We are very pleased to have found an internationally renowned partner in Tokai COBEX, which is committed to sustainability in the energy supply of its plants. The conclusion of the first corporate PPA is an important milestone in clearvise's portfolio strategy. We are consistently expanding our generation portfolio to optimally cover the electricity requirements of industrial customers.“