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Home » News » Wind Energy » Hydro Reaches €248M Settlement for Termination of Markbygden Wind Park PPA
Wind Energy

Hydro Reaches €248M Settlement for Termination of Markbygden Wind Park PPA

By Benjamin DavisOctober 29, 20242 Mins Read
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Hydro has announced a settlement agreement relating to its long-term power purchase agreement (PPA) with Markbygden Ett AB, associated with the 653MW Markbygden onshore wind park in northern Sweden. Under the agreement, Hydro will be entitled to a compensation of up to €248 million for voluntarily terminating the PPA. The original PPA, signed in 2017

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