Enel Green Power inks 5-year hydro PPA in Guatemala

Italian renewables business Enel Green Power SpA announced this week it had secured a five-year power purchase agreement (PPA) to supply 42 GWh of renewable electricity annually in Guatemala.

The company, part of Italian energy multinational Enel SpA (BIT:ENEL), has signed the contract with Empresa Electrica de Guatemala SA (EEGSA), a power distribution company that serves more than 1.3 million customers in the departments of Guatemala, Sacatepequez and Escuintla.

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Under the PPA, EEGSA is to purchase the output of Enel Green Power’s Matanzas and San Isidro hydropower plants located in the Baja Verapaz department.

The PPA was secured in a public tender held in February 2020, Enel Green Power said.