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Statkraft signs a 10-year financial Power Purchase Agreement (Corporate PPA) with Commercial Metals Company Poland

Jan 16, 2020 - Thomson Reuters ONE

(Zawiercie/Amsterdam, 16 January 2020) Statkraft and Commercial Metal Company Poland (CMC) have become strategic partners, commencing with the signing of a long-term financial power purchase agreement. The agreement fixes the price for 20 percent of CMC Poland's power consumption, starting in 2021. CMC Poland, a wholly owned subsidiary of the global steel market leader Commercial Metals Company, is one of the largest electricity consumers in Poland. Statkraft is wholly owned by the Norwegian sta...