Plesner advised Nordic Solar on the deal.
Nordic Solar has signed a corporate power purchase agreement (PPA) with EWII and Skjern Paper. Plesner has acted for Nordic Solar in connection with the PPA.
The PPA entails that Skjern Paper will purchase green electricity produced by a new solar park in Lysabild, Als, Denmark built and owned by Nordic Solar. It is expected that the solar park will have a capacity of approximately 33 MW. It is further expected that the solar park will reach commercial operation in 2022.
Nordic Solar is a solar company which develops, builds and operates solar parks all over Europe.
EWII is a supplier of electricity grid, water, heat and fiber and Skjern Paper is the only paper factory in Denmark.
The paper mill operator, Skjern Paper A/S, will be buying the output of the plant under a unique power purchase agreement (PPA) that is the result of a cooperation between Nordic Solar and local utility EWII Group.
The Plesner team included Niklas Korsgaard Christensen (Picture) and Anne-Sophie Bundesen.
Law Firms: Plesner;
Clients: Nordic Solar Energy A/S;