Renewable Power Capital and Faurecia sign PPA for Swedish wind farm

French car supplier Faurecia will buy almost all the energy produced by the 145MW Klevberget onshore wind farm in Sweden after signing a power purchase agreement (PPA) with its owner. 

Faurecia, owned by automotive major Forvia, inked the 10-year PPA with Renewable Power Capital, which said the deal secured “almost all” the output from its 24-turbine wind farm located in Västernorrland County in northern Sweden. 

The PPA means output from the Klevberget wind farm will now “generate the equivalent of more than 40% of all Forvia’s European plant consumption of electricity per year” according to Renewable Power Capital. 

It builds on existing deals, with up to 70% of Forvia’s energy consumption now derived from renewable sources. 

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