{"id":10053,"date":"2021-12-23T00:00:00","date_gmt":"2021-12-22T23:00:00","guid":{"rendered":"https:\/\/engie-copro.my\/explore\/explainer\/what-are-power-purchase-agreements\/"},"modified":"2026-03-12T11:58:55","modified_gmt":"2026-03-12T10:58:55","slug":"what-are-power-purchase-agreements","status":"publish","type":"page","link":"https:\/\/www.engie.com\/en\/explore\/explainer\/what-are-power-purchase-agreements\/","title":{"rendered":"What are Power Purchase Agreements?"},"content":{"rendered":"\n\n<div id=\"block_dd50f3139a1f10344decc00854ee297f\" class=\"cp-edito-herobanner relative teq-container  noBg z-0 !pt-[115px] lg:!pt-[150px]\">\n    <!--<div class=\"auras-bg  w-screen left-1\/2 -translate-x-1\/2\" data-color=\"soft\"><\/div>-->\n    <div class=\"teq-grid relative z-0\">\n        <div class=\"col-span-12  px-0 lg:col-start-2 lg:col-span-10 hero-top\">\n\n            <div class=\"teq-grid\">\n                <div class=\"col-span-12 desktop-only  \">\n                    <nav role=\"navigation\" aria-label=\"breadcrumb\" class=\"mb-24 cp-breadcrumb desktop-only\">\n            <ol id=\"custom-breadcrumb\" class=\"nj-breadcrumb\"><li class=\"nj-breadcrumb__item\"><span><a href=\"https:\/\/www.engie.com\/en\/\" class=\"nj-link nj-link--sm nj-link--grayed nj-link-icon\">\n        <span aria-hidden=\"true\" class=\"material-icons\">\n            home\n        <\/span>\n        <span class=\"nj-sr-only\">\n            Home\n        <\/span>\n     <\/a><\/li>  <li class=\"nj-breadcrumb__item\" aria-current=\"page\">What are Power Purchase Agreements?<\/li><\/span><\/ol>    <\/nav>                <\/div>\n            <\/div>\n\n                            <div class=\"title mt-4\">\n                    <h1 data-trad class=\"nj-heading--2xl nj-weight--bold flex flex-col \">\n                        <p>What are Power Purchase Agreements?<\/p>\n                    <\/h1>\n                <\/div>\n            \n            <div class=\"infos flex flex-wrap items-center gap-16 mt-32\">\n\n                                    <div class=\"tags flex flex-wrap gap-8 items-center\">\n                        <div class=\"nj-tag nj-tag--sm bordered nj-tag--ultramarine\">\n    <p class=\"nj-tag__text force-dark\" data-trad>\n        Communities \/ Territories    <\/p>\n<\/div>\n    <!--\n    <div class=\"nj-tag\">\n        <p class=\"nj-tag__text\">tag<\/p> <span aria-hidden=\"true\" class=\"nj-tag__icon nj-icon-material material-icons\">check<\/span>\n\n    <\/div>\n    -->\n\n<div class=\"nj-tag nj-tag--sm bordered nj-tag--ultramarine\">\n    <p class=\"nj-tag__text force-dark\" data-trad>\n        Industries \/ Companies    <\/p>\n<\/div>\n    <!--\n    <div class=\"nj-tag\">\n        <p class=\"nj-tag__text\">tag<\/p> <span aria-hidden=\"true\" class=\"nj-tag__icon nj-icon-material material-icons\">check<\/span>\n\n    <\/div>\n    -->\n\n<div class=\"nj-tag nj-tag--sm bordered nj-tag--purple\">\n    <p class=\"nj-tag__text force-dark\" data-trad>\n        Supply    <\/p>\n<\/div>\n    <!--\n    <div class=\"nj-tag\">\n        <p class=\"nj-tag__text\">tag<\/p> <span aria-hidden=\"true\" class=\"nj-tag__icon nj-icon-material material-icons\">check<\/span>\n\n    <\/div>\n    -->\n\n                    <\/div>\n                \n                                    <div class=\"time flex gap-4 items-center whitespace-nowrap nj-color--signature\">\n                        <span aria-hidden=\"true\" class=\"material-icons nj-icon-material nj-icon-material--blue\">schedule<\/span>\n                        <span data-trad>Published on<\/span> <span class=\"lowercase\" data-trad> 23 Dec. 2021<\/span>\n                    <\/div>\n                \n                            <\/div>\n        <\/div>\n    <\/div>\n    <div class=\"teq-grid  lg:mt-80 relative w-[100vw] left-1\/2 !pb-0 -translate-x-1\/2 toPin px-0 z-10\">\n        <div class=\"img col-span-12 nj-bg--dark mt-8 lg:mt-0 relative\">\n            <div class=\"nj-fluid-progress-bar absolute -top-[6px] left-0 w-[90%] lg:w-[75%]\"><\/div>\n                        <div class=\"flex justify-center items-center w-full nj-bg--ultramarine py-0 lg:py-[164px] lg:h-screen media-c\">\n                <div class=\"w-full h-full lg:h-screen overflow-hidden\">\n                    <div class=\"w-full h-full lg:h-screen overflow-hidden relative\">\n\n                                                    \n                            <picture class=\"block w-full h-full scale-[1.3] media scale-125 \" style=\"margin:  0 auto\">\n                                <source media=\"(max-width: 767px)\"\n                                    srcset=\"https:\/\/www.engie.com\/app\/uploads\/2026\/02\/Header_PPA_whatisit_02.jpg\" \/>\n                                <source media=\"(min-width: 768px)\"\n                                    srcset=\"https:\/\/www.engie.com\/app\/uploads\/2026\/02\/Header_PPA_whatisit_02.jpg\" \/>\n                                <!--TODO AMBRE if zoom ajotuer classe : open-modal-zoom cursor-pointer  -->\n                                <img decoding=\"async\" class=\"w-full h-full object-cover\"\n                                    loading=\"eager\"\n                                    fetchpriority=\"high\"\n                                    src=\"https:\/\/www.engie.com\/app\/uploads\/2026\/02\/Header_PPA_whatisit_02.jpg\"\n                                    alt=\"\" \/>\n                            <\/picture>\n\n                        \n                        \n                        \n                        <div class=\"transcription hidden\" data-video=\"\" data-video-webm=\"\">\n                                                    <\/div>\n\n                    <\/div>\n                <\/div>\n            <\/div>\n        <\/div>\n    <\/div>\n<\/div>\n\n\n\n<div id=\"block_22ef73a3358b854d9880b6faac5a8d36\" class=\"cp-introdution teq-container relative nj-aura nj-aura--white\">\n    <div class=\"teq-grid\">\n        <div class=\"col-span-6 lg:col-start-3 lg:col-span-8 2xl:col-span-6 2xl:col-start-4 relative top text-center\">\n                        <div class=\"nj-heading--sm relative z-10 nj-color--grey-1000\" data-trad data-trad-html>\n                <div class=\"el-wysiwyg data-trad\">\n    <p>PPAs are long-term renewable energy contracts. They are increasingly popular with big companies, SMEs, and local authorities. Why? Because they are a reliable way of decarbonising their electricity consumption, contributing to the energy transition.<\/p>\n<\/div>\n            <\/div>\n            \n                    <\/div>\n    <\/div>\n<\/div>\n\n\n\n<div id=\"block_f97c63e7ee619e6a607e64f48de4b9c9\"\n     class=\"cp-media-full-screen teq-container relative nj-aura nj-aura--white \">\n    <div class=\"teq-grid  \">\n        <div class=\"col-span-12  lg:px-0 relative\">\n                        <div class=\"teq-grid\">\n                <div class=\"col-span-12\">\n                    <div class=\"media-wrapper relative\">\n\n                        <!-- class=\"open-modal cursor-pointer play-btn border-0 w-[64px] h-[64px] lg:w-[75px] lg:h-[75px] flex items-center justify-center rounded-full nj-bg--white absolute top-[50%] left-[50%] -translate-y-[50%] -translate-x-[50%]\" -->\n<button\n  aria-label=\"Launch video\"\n  type=\"button\" \n  class=\"cursor-pointer eva-video play-btn border-0 w-[64px] h-[64px] lg:w-[75px] lg:h-[75px] flex items-center justify-center rounded-full nj-bg--white absolute top-[50%] left-[50%] -translate-y-[50%] -translate-x-[50%]\"\n  data-eva=\"true\"\n  data-eva-video=\"true\"\n  data-video-function\n  modal-type=\"video\"\n  data-video-webm=\"\"\n  data-video=\"vKO5R1FGOGQ\"\n  data-transcription=\"\"\n  data-summary=\"\"\n  data-is-yt='true'>\n  <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"49\" height=\"49\" viewBox=\"0 0 49 49\" fill=\"none\" class=\"w-[32px] h-[32px] lg:w-[49px] lg:h-[49px]\">\n    <circle cx=\"24.9785\" cy=\"24.6875\" r=\"23\" stroke=\"#007ACD\" stroke-width=\"2\"\/>\n    <path d=\"M35.8789 23.8211C36.5456 24.206 36.5456 25.1682 35.8789 25.5531L20.2789 34.5598C19.6122 34.9447 18.7789 34.4636 18.7789 33.6938L18.7789 15.6804C18.7789 14.9106 19.6122 14.4295 20.2789 14.8144L35.8789 23.8211Z\" stroke=\"#007ACD\" stroke-width=\"2\"\/>\n  <\/svg>\n<\/button>                        \n                                                    <picture class=\"flex\">\n                                <source media=\"(max-width: 767px)\"\n                                        srcset=\"https:\/\/www.engie.com\/app\/uploads\/2026\/02\/Header_PPA_whatisit_02.jpg\"\/>\n                                <source media=\"(min-width: 768px)\"\n                                        srcset=\"https:\/\/www.engie.com\/app\/uploads\/2026\/02\/Header_PPA_whatisit_02.jpg\"\/>\n\n                                <!--TODO AMBRE if zoom ajotuer classe : open-modal-zoom cursor-pointer  -->\n                                <img decoding=\"async\"\n                                        class=\"w-full object-fit-cover\"\n                                        src=\"https:\/\/www.engie.com\/app\/uploads\/2026\/02\/Header_PPA_whatisit_02.jpg\"\n                                        alt=\"\"\n                                \/>\n                            <\/picture>\n                                            <\/div>\n\n                    <div class=\"eva-functions\">\n  <div class=\"mt-8 flex gap-8 lg:gap-[25px] lg:w-full lg:items-center justify-between flex-col lg:flex-row w-max\">\n              <\/div>\n<\/div>                    <div class=\"transcription hidden\" data-video=\"vKO5R1FGOGQ\"\n                         data-video-webm=\"\">\n                                            <\/div>\n                    <p class=\"relative nj-text--xs italic mt-8 nj-color--tertiary text-start\"\n                       data-trad>\n                                            <\/p>\n\n                <\/div>\n            <\/div>\n        <\/div>\n    <\/div>\n<\/div>\n\n\n\n<div id=\"block_e16bb1c48aaabdc413517ccbb7afc313\" class=\"cp-wysiwyg teq-container nj-aura nj-aura--white\">\n    <div class=\"teq-grid \">\n        <div class=\"col-span-6 xl:col-start-2 xl:col-span-10 lg:col-start-1 lg:col-span-12 \">\n                        <div class=\"teq-wysiwyg\">\n                <div data-trad data-trad-html><p>They are called \u201cGreen Power Purchase Agreements\u201d (Green PPAs). These are green power purchase agreements from<span>\u00a0<\/span><a href=\"https:\/\/www.engie.com\/en\/our-activities\/renewables-and-flex-power\/\" rel=\"noopener\">renewable energies<\/a> which operate over the medium or long term (5 to 20 years). Clients who purchase these have access to a reliable, certified green energy at a predefined, stable rate. There are several types of PPAs, find out more about them here.<\/p>\n<\/div>\n            <\/div>\n                    <\/div>\n    <\/div>\n<\/div>\n\n\n\n<div id=\"block_bf88ef7b28bd398a45c37d37331c8ad9\"\n     class=\"cp-media-full-screen teq-container relative nj-aura nj-aura--white \">\n    <div class=\"teq-grid  \">\n        <div class=\"col-span-12  lg:px-0 relative\">\n                            <div class=\"teq-grid no-pb grid-12\">\n                    <div class=\"col-span-12 lg:col-span-8 xl:col-span-7 lg:col-start-3 xl:col-start-3  mb-[32px] lg:mb-[64px]\">\n\n                                                    <h2 class=\"nj-heading--lg font-bold\" data-trad>\n                                On-site PPAs\n                            <\/h2>\n                        \n                                                    <p class=\"mt-16\" data-trad>\n                                PPAs are called \u201con-site\u201d when renewable energy production facilities are installed on a client\u2019s site. In this case, energy operators fund the design, installation, and operation of equipment. Clients who are site owners or tenants consume energy that is produced.                            <\/p>\n                        \n                    <\/div>\n                <\/div>\n                        <div class=\"teq-grid\">\n                <div class=\"col-span-12\">\n                    <div class=\"media-wrapper relative\">\n\n                        <!-- class=\"open-modal cursor-pointer play-btn border-0 w-[64px] h-[64px] lg:w-[75px] lg:h-[75px] flex items-center justify-center rounded-full nj-bg--white absolute top-[50%] left-[50%] -translate-y-[50%] -translate-x-[50%]\" -->\n<button\n  aria-label=\"Launch video\"\n  type=\"button\" \n  class=\"cursor-pointer eva-video play-btn border-0 w-[64px] h-[64px] lg:w-[75px] lg:h-[75px] flex items-center justify-center rounded-full nj-bg--white absolute top-[50%] left-[50%] -translate-y-[50%] -translate-x-[50%]\"\n  data-eva=\"true\"\n  data-eva-video=\"true\"\n  data-video-function\n  modal-type=\"video\"\n  data-video-webm=\"\"\n  data-video=\"isxic5RbYF8\"\n  data-transcription=\"\"\n  data-summary=\"\"\n  data-is-yt='true'>\n  <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"49\" height=\"49\" viewBox=\"0 0 49 49\" fill=\"none\" class=\"w-[32px] h-[32px] lg:w-[49px] lg:h-[49px]\">\n    <circle cx=\"24.9785\" cy=\"24.6875\" r=\"23\" stroke=\"#007ACD\" stroke-width=\"2\"\/>\n    <path d=\"M35.8789 23.8211C36.5456 24.206 36.5456 25.1682 35.8789 25.5531L20.2789 34.5598C19.6122 34.9447 18.7789 34.4636 18.7789 33.6938L18.7789 15.6804C18.7789 14.9106 19.6122 14.4295 20.2789 14.8144L35.8789 23.8211Z\" stroke=\"#007ACD\" stroke-width=\"2\"\/>\n  <\/svg>\n<\/button>                        \n                                                    <picture class=\"flex\">\n                                <source media=\"(max-width: 767px)\"\n                                        srcset=\"https:\/\/www.engie.com\/app\/uploads\/2026\/02\/Header_PPA_whatisit_02.jpg\"\/>\n                                <source media=\"(min-width: 768px)\"\n                                        srcset=\"https:\/\/www.engie.com\/app\/uploads\/2026\/02\/Header_PPA_whatisit_02.jpg\"\/>\n\n                                <!--TODO AMBRE if zoom ajotuer classe : open-modal-zoom cursor-pointer  -->\n                                <img decoding=\"async\"\n                                        class=\"w-full object-fit-cover\"\n                                        src=\"https:\/\/www.engie.com\/app\/uploads\/2026\/02\/Header_PPA_whatisit_02.jpg\"\n                                        alt=\"\"\n                                \/>\n                            <\/picture>\n                                            <\/div>\n\n                    <div class=\"eva-functions\">\n  <div class=\"mt-8 flex gap-8 lg:gap-[25px] lg:w-full lg:items-center justify-between flex-col lg:flex-row w-max\">\n              <\/div>\n<\/div>                    <div class=\"transcription hidden\" data-video=\"isxic5RbYF8\"\n                         data-video-webm=\"\">\n                                            <\/div>\n                    <p class=\"relative nj-text--xs italic mt-8 nj-color--tertiary text-start\"\n                       data-trad>\n                                            <\/p>\n\n                <\/div>\n            <\/div>\n        <\/div>\n    <\/div>\n<\/div>\n\n\n\n<div id=\"block_33700b2b1ae4a95c1496d0580bddb388\" class=\"cp-wysiwyg teq-container nj-aura nj-aura--white\">\n    <div class=\"teq-grid \">\n        <div class=\"col-span-6 xl:col-start-2 xl:col-span-10 lg:col-start-1 lg:col-span-12 \">\n                        <div class=\"teq-wysiwyg\">\n                <div data-trad data-trad-html><h2>Off-site PPAs<\/h2>\n<p>PPAs are said to be \u201coff-site\u201d when energy production equipment is not installed on a client\u2019s premises. These contracts are nonetheless called \u201cphysical\u201d when clients agree to buy a given quantity of green energy produced by a well-defined renewable energy facility from an energy provider. For example, the Brest Oceanopolis ocean discovery park is powered by green energy from the Fanjeaux solar park, in the south of France.<\/p>\n<\/div>\n            <\/div>\n                    <\/div>\n    <\/div>\n<\/div>\n\n\n\n<div id=\"block_18155a695f57ae4e5e69fe76616174c4\"\n     class=\"cp-media-full-screen teq-container relative nj-aura nj-aura--white \">\n    <div class=\"teq-grid  \">\n        <div class=\"col-span-12  lg:px-0 relative\">\n                        <div class=\"teq-grid\">\n                <div class=\"col-span-12\">\n                    <div class=\"media-wrapper relative\">\n\n                        <!-- class=\"open-modal cursor-pointer play-btn border-0 w-[64px] h-[64px] lg:w-[75px] lg:h-[75px] flex items-center justify-center rounded-full nj-bg--white absolute top-[50%] left-[50%] -translate-y-[50%] -translate-x-[50%]\" -->\n<button\n  aria-label=\"Launch video\"\n  type=\"button\" \n  class=\"cursor-pointer eva-video play-btn border-0 w-[64px] h-[64px] lg:w-[75px] lg:h-[75px] flex items-center justify-center rounded-full nj-bg--white absolute top-[50%] left-[50%] -translate-y-[50%] -translate-x-[50%]\"\n  data-eva=\"true\"\n  data-eva-video=\"true\"\n  data-video-function\n  modal-type=\"video\"\n  data-video-webm=\"\"\n  data-video=\"hq7ITBG2KO4\"\n  data-transcription=\"\"\n  data-summary=\"\"\n  data-is-yt='true'>\n  <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"49\" height=\"49\" viewBox=\"0 0 49 49\" fill=\"none\" class=\"w-[32px] h-[32px] lg:w-[49px] lg:h-[49px]\">\n    <circle cx=\"24.9785\" cy=\"24.6875\" r=\"23\" stroke=\"#007ACD\" stroke-width=\"2\"\/>\n    <path d=\"M35.8789 23.8211C36.5456 24.206 36.5456 25.1682 35.8789 25.5531L20.2789 34.5598C19.6122 34.9447 18.7789 34.4636 18.7789 33.6938L18.7789 15.6804C18.7789 14.9106 19.6122 14.4295 20.2789 14.8144L35.8789 23.8211Z\" stroke=\"#007ACD\" stroke-width=\"2\"\/>\n  <\/svg>\n<\/button>                        \n                                                    <picture class=\"flex\">\n                                <source media=\"(max-width: 767px)\"\n                                        srcset=\"https:\/\/www.engie.com\/app\/uploads\/2026\/02\/Header_PPA_whatisit_02.jpg\"\/>\n                                <source media=\"(min-width: 768px)\"\n                                        srcset=\"https:\/\/www.engie.com\/app\/uploads\/2026\/02\/Header_PPA_whatisit_02.jpg\"\/>\n\n                                <!--TODO AMBRE if zoom ajotuer classe : open-modal-zoom cursor-pointer  -->\n                                <img decoding=\"async\"\n                                        class=\"w-full object-fit-cover\"\n                                        src=\"https:\/\/www.engie.com\/app\/uploads\/2026\/02\/Header_PPA_whatisit_02.jpg\"\n                                        alt=\"\"\n                                \/>\n                            <\/picture>\n                                            <\/div>\n\n                    <div class=\"eva-functions\">\n  <div class=\"mt-8 flex gap-8 lg:gap-[25px] lg:w-full lg:items-center justify-between flex-col lg:flex-row w-max\">\n              <\/div>\n<\/div>                    <div class=\"transcription hidden\" data-video=\"hq7ITBG2KO4\"\n                         data-video-webm=\"\">\n                                            <\/div>\n                    <p class=\"relative nj-text--xs italic mt-8 nj-color--tertiary text-start\"\n                       data-trad>\n                                            <\/p>\n\n                <\/div>\n            <\/div>\n        <\/div>\n    <\/div>\n<\/div>\n\n\n\n<div id=\"block_fd371618c39f42b2d0b63d8cd3c024b3\" class=\"cp-wysiwyg teq-container nj-aura nj-aura--white\">\n    <div class=\"teq-grid \">\n        <div class=\"col-span-6 xl:col-start-2 xl:col-span-10 lg:col-start-1 lg:col-span-12 \">\n                        <div class=\"teq-wysiwyg\">\n                <div data-trad data-trad-html><h2>What are the advantages of off-site PPAs?<\/h2>\n<p>For clients, they prove the renewable origin of their electricity consumption and demonstrate their commitment to short supply chains and to a local approach. For operators, these contracts reinforce their capacity to develop renewable energy parks with greater capacity, and to take advantage of the best locations for producing more profitable energy. Yields from offshore wind or land wind farms in windy areas are higher, as are those from solar PV installations in sunny territories.<\/p>\n<h2>What are virtual off-site PPAs?<\/h2>\n<p>\u201cVirtual\u201d off-site PPAs follow another logic. Just as with physical PPAs, clients commit to buying a quantity of electricity from an energy supplier, but do so on the wholesale green energy market. Energy that is consumed by the client is not linked to a defined site. Upsides for operators of this type of contract are that they can more easily invest in new green energy infrastructures, selling and making use of the electricity that their clients have bought on this market. As for clients, they benefit from the PPA offer: a fixed long-term rate and guarantees of origin of renewable assets, while continuing to be supplied by their operator. Virtual or \u201cfinancial\u201d off-site PPAs are recommended for large multi-site and multi-country clients, such as Amazon.<\/p>\n<h2>Rapidly growing Power Purchase Agreements<\/h2>\n<p>Common in North America and Scandinavian countries, Green PPAs are currently growing significantly in Europe, Asia, and Australia. In question are decreasing green energy production costs, the energy transition trend in the corporate and institutional world, and the limitation or end of public assistance with renewable energy. While Green PPAs initially affected large corporations (<a href=\"https:\/\/en.newsroom.engie.com\/news\/google-and-engie-strengthen-their-partnership-through-power-purchase-agreements-in-belgium-e4e3-314df.html\" target=\"_blank\" rel=\"noopener\">Google<\/a>, <a href=\"https:\/\/en.newsroom.engie.com\/news\/microsoft-and-engie-announce-renewable-initiatives-a831-314df.html\" target=\"_blank\" rel=\"noopener\">Microsoft<\/a>, <a href=\"https:\/\/en.newsroom.engie.com\/news\/basf-and-engie-signed-a-long-term-biomethane-purchase-agreement-in-europe-4258-314df.html\" target=\"_blank\" rel=\"noopener\">BASF<\/a>\u2026), they are now open to all industrial manufacturers, tertiaries, and local authorities.<\/p>\n<\/div>\n            <\/div>\n                    <\/div>\n    <\/div>\n<\/div>\n\n\n\n<div id=\"block_5dd25a29f4dbe2c994992e2453580824\" class=\"cp-ai-questions teq-container nj-aura nj-aura--white relative\">\n        <div class=\"teq-grid top\">\n            <div class=\"col-span-12\">\n                <div class=\"flex justify-center mb-16 eva\">\n                    <svg width=\"55\" height=\"24\" viewBox=\"0 0 55 24\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n    <path\n        d=\"M40.8014 17.1059L38.5783 11.0303C38.4688 10.7608 38.3551 10.4408 38.2372 10.0703C38.1194 9.6998 38.0015 9.29981 37.8836 8.87035C37.7741 9.29981 37.6604 9.70401 37.5425 10.083C37.4246 10.4535 37.3109 10.7777 37.2015 11.0556L34.991 17.1059H40.8014ZM46.8012 24.0026H44.1739C43.8792 24.0026 43.6392 23.931 43.454 23.7879C43.2687 23.6363 43.1298 23.4511 43.0371 23.2321L41.6729 19.5059H34.1068L32.7426 23.2321C32.6753 23.4258 32.5447 23.6026 32.3511 23.7626C32.1574 23.9226 31.9174 24.0026 31.6311 24.0026H28.9785L36.1657 5.73779H39.6267L46.8012 24.0026Z\"\n        fill=\"url(#paint0_linear_93037_3967)\" \/>\n    <path\n        d=\"M30.7143 5.73779L23.3377 24.0026H20.2683L12.8916 5.73779H15.62C15.9147 5.73779 16.1547 5.80937 16.3399 5.95253C16.5252 6.09568 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0.772204 49.1242 1.05155L48.6059 2.58798C48.342 3.36705 47.7306 3.98007 46.9515 4.24235L45.4151 4.7607C45.1357 4.85537 45.1357 5.24956 45.4151 5.34423Z\"\n        fill=\"#9261B7\" \/>\n    <defs>\n        <linearGradient id=\"paint0_linear_93037_3967\" x1=\"-1.73542\" y1=\"14.2134\" x2=\"46.895\" y2=\"14.2134\"\n            gradientUnits=\"userSpaceOnUse\">\n            <stop offset=\"0.56\" stop-color=\"#007ACD\" \/>\n            <stop offset=\"0.82\" stop-color=\"#9261B7\" \/>\n        <\/linearGradient>\n        <linearGradient id=\"paint1_linear_93037_3967\" x1=\"-1.7372\" y1=\"14.2134\" x2=\"46.8932\" y2=\"14.2134\"\n            gradientUnits=\"userSpaceOnUse\">\n            <stop offset=\"0.56\" stop-color=\"#007ACD\" \/>\n            <stop offset=\"0.82\" stop-color=\"#9261B7\" \/>\n        <\/linearGradient>\n        <linearGradient id=\"paint2_linear_93037_3967\" x1=\"-1.73922\" y1=\"14.2134\" x2=\"46.8912\" y2=\"14.2134\"\n            gradientUnits=\"userSpaceOnUse\">\n            <stop offset=\"0.56\" stop-color=\"#007ACD\" \/>\n            <stop offset=\"0.82\" stop-color=\"#9261B7\" \/>\n        <\/linearGradient>\n    <\/defs>\n<\/svg>                <\/div>\n                <h2 class=\"text-center nj-heading--xl leading-none font-bold\" data-trad data-trad-html>\n                    Find instantly <span class=\"h-0 hidden lg:flex\"><br \/><\/span>answers to your questions                <\/h2>\n            <\/div>\n            <div class=\"col-span-12 mt-24 lg:mt-32\">\n                <div class=\"flex flex-wrap justify-center gap-8\">\n                    <a href=\"#\" \n    data-eva data-preprompted=\"What is the purpose of ENGIE?\" \n    class=\"flex w-full lg:w-fit border border-solid border-moderate px-[16px] py-[12px] nj-text--sm nj-color--primary no-underline eva-link justify-center text-center hover:bg-[rgba(0,40,70,0.1)] transition-colors duration-200\" data-trad>\n    What is the purpose of ENGIE?<\/a>                <\/div>\n            <\/div>\n            <div class=\"col-span-12 flex justify-center place-items-center gap-4 mt-24 lg:mt-48\">\n                    <button data-eva=\"true\" type=\"button\" data-ask=\"true\" aria-haspopup=\"dialog\" class=\"nj-btn eva-btn nj-btn--lg w-full lg:w-auto\">\n    <span aria-hidden=\"true\" class=\"material-icons nj-icon-material nj-icon-material--inverse nj-btn--lg nj-icon-material--eva icon-white\">eva<\/span>\n    <span data-trad>Discover EVA<\/span>\n<\/button>            <\/div>\n        <\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>PPAs are long-term renewable energy contracts. They are increasingly popular with big companies, SMEs, and local authorities. Why? Because they are a reliable way of decarbonising their electricity consumption, contributing to the energy transition.<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":9924,"menu_order":44,"comment_status":"open","ping_status":"open","template":"","meta":{"_acf_changed":false,"footnotes":""},"tags":[97,116,109],"formats":[91],"class_list":["post-10053","page","type-page","status-publish","hentry","tag-communities-territories","tag-industries-companies","tag-supply"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Understanding Power Purchase Agreements - ENGIE<\/title>\n<meta name=\"description\" content=\"Discover Power Purchase Agreements (PPAs) for renewable energy, their types, and benefits for businesses and local authorities.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.engie.com\/en\/explore\/explainer\/what-are-power-purchase-agreements\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Understanding Power Purchase Agreements - 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