LichtBlick and Sunnic Lighthouse Extend Power Purchase Agreement

Source: www.gulfoilandgas.com 8/20/2024, Location: Europe

The integrated energy supplier LichtBlick has extended its existing direct supply contract (Power Purchase Agreement - PPA) with the Hamburg-based green electricity trader Sunnic Lighthouse for a further two years (until the end of 2026). This means that the company will continue to purchase around 38 gigawatt hours of green electricity per year from eight solar parks in Germany. This is enough to supply around 17,000 private households with electricity for a year.

“From day one, we have enjoyed a close and trusting partnership with Sunnic Lighthouse. We signaled early on that we wanted to extend our cooperation. The fact that we were able to reach an agreement together today shows how satisfied we are with the collaboration,” says Jan-Christopher Klotz, Head of Structuring & Origination at LichtBlick.

Jan Knievel, Head of Origination at Sunnic Lighthouse: “We look forward to continuing our cooperation with LichtBlick. Beyond our business relationship, we share the motivation to shape the energy transition. Like Sunnic as part of the ENERPARC Group, LichtBlick was one of the first companies in Germany to consistently decide to supply households and businesses exclusively with green energy. At the same time, LichtBlick recognized early on that such electricity supply contracts, which we tailor flexibly to the needs of our customers, are an important accelerator for this.”


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