MET Energia Italia, the Italian arm of Switzerland-based MET Group, has formalized a Corporate Power Purchase Agreement (CPPA) with MIX-IT, the Italian internet exchange point, to sell the entire energy output of the Mirto Solarpark in Sicily.
According to the agreement, MET Energia Italia will manage the supply of electricity generated by Mirto Solarpark to the Italian power grid, ensuring that MIX-IT consistently receives the exact amount of electricity produced and delivered by the solar facility. Additionally, MET will fulfill any additional electricity requirements of MIX-IT and sell Guarantees of Origin (GoO) to the company.
Giuseppe Rebuzzini, CEO of MET Energia Italia, expressed enthusiasm about the collaboration, stating, “Supporting MIX-IT and Mirto Solarpark in structuring and executing a long-term Corporate Power Purchase Agreement has been an amazing start of MET Energia Italia's involvement in the PPA landscape.”
Rebuzzini emphasized the importance of combining renewable generation with consumption, highlighting its significance in optimizing returns for investors and ensuring long-term price stability for major consumers. He also underscored MET Energia Italia's commitment to playing a pivotal role in this domain, leveraging the renewable portfolio being developed by MET Group in Italy.
