(Alliance News) - Edison Rsp Spa on Thursday announced that it has signed a long-term power purchase agreement with the FERA Group - Fabbrica Energie Rinnovabili Alternative - for the management of energy generated by a wind farm with an installed capacity of 20 MW, in the province of Savona, Liguria.

The five-year agreement calls for Edison to take back all the renewable energy generated, attested by the relevant guarantees of origin, which the group will manage on the market and resell to its customers interested in a renewable supply contract; while FERA maintains the operational management and maintenance of the asset.

The plant, which is already in operation, will not benefit from the incentive mechanism provided for renewable sources thanks to the agreement reached. According to estimates, the wind farm covered by the agreement has an average production of 55 GWh per year, equivalent to the energy needs? of about 23,000 households, capable of avoiding the emission into the atmosphere of more than 22,000 tons of CO equivalent per year.

Fabio Dubini - executive vice president Gas&Power portfolio management&Optimization of Edison - commented, "We close 2023 as an industry leader, with a portfolio that has been significantly strengthened in recent months in the management and sale of renewable energy to its customers. Thanks to agreements like this, on the one hand we support the installation of new renewables and on the other hand we are able to offer consumers who are increasingly evolved and attentive to the impact of their activities increasing volumes of green energy, in line with the decarbonization goals of the energy transition."

Edison on Thursday trades in the green by 1.2 percent at EUR1.54 per share.

By Maurizio Carta, Alliance News reporter

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