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EnBW and Puratos sign Power Purchase Agreement (PPA) for Solar Energy in Spain

Long-term Power Purchase Agreement (PPA) runs for more than eight years / 25 gigawatt-hours (GWh) annually, including Guarantees of Origin (GoO) / Green electricity is used to produce low-carbon food ingredients
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Karlsruhe, Germany / Groot-Bijgaarden, Belgium. EnBW Energie Baden-Wuerttemberg AG (EnBW) and international supplier of food ingredients and services, Puratos, have signed a Power Purchase Agreement (PPA), securing the supply of solar-generated electricity for Puratos’ operations in Spain. The renewable energy contract between the two companies has started in 2025, covering 25 GWh annually for more than eight years and includes Guarantees of Origin (GoO). The volume originates from EnBW’s solar power portfolio in Spain.

Jean-Philippe Michaux, Chief Sustainability and Financial Officer at Puratos explains:“As a company that sources 100% renewable energy worldwide and aims to achieve carbon neutrality in our operations by the end of 2025, we are excited to partner with EnBW to enhance solar power production in Spain. Through this collaboration, we contribute to reducing carbon emissions around the globe, which aligns perfectly with our long-term sustainability strategy and vision. EnBW's extensive international portfolio and dedicated expertise make them a great partner.”

Matthias Obert, Executive Director Trading at EnBW, comments on the partnership: “We are dedicated to providing our international customers with reliable, clean energy from our Pan-European portfolio. We are also proud to support Puratos on their path to carbon-neutral operations. This partnership underscores our position as a major supplier of sustainable energy across Europe.”

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About EnBW

With over 29,000 employees, EnBW is one of the largest energy companies in Germany and Europe. It supplies around 5.5 million customers with electricity and gas. As part of its transformation from a traditional energy company to a sustainable infrastructure group, the expansion of renewable energy sources and of the distribution and transmission grids for electricity, gas and hydrogen are cornerstones of EnBW's growth strategy and the focus of its investments. Until 2030, EnBW plans gross investments of €40 billion, around 90 percent of which will be invested in Germany. By then, around 80 percent of EnBW's generation portfolio is to consist of renewable energies, and the company aims to phase out coal by the end of 2028. These are key milestones on the road to the company's climate neutrality in 2035. www.enbw.com

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About Puratos

Puratos is an international group, which offers a full range of innovative food ingredients and services for the bakery, patisserie, and chocolate sectors. They serve artisans, retailers, industrial and food service companies in over 100 countries around the world. Their headquarters are located in Belgium, where the company was founded in 1919. At Puratos, they believe that food has extraordinary power in our lives and do not take such a responsibility lightly. This is why Puratos aims to help customers be successful with their business, by turning technologies and experiences gathered from food cultures around the world into new opportunities. Together, they move the planet forward by creating innovative food solutions for the health and well-being of people everywhere. For further information, visit www.puratos.com.

Ecohz has acted as exclusive PPA advisor to Puratos.

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