Neoen and TDF have signed a 15-year power purchase agreement (PPA) for 62 MW of solar energy
- The electricity will be produced by the future Salernes (16.8 MW) and Boussès (45.1 MW) solar farms, which are 100% owned by Neoen
- Their construction will begin in 2023, with commissioning scheduled for 2024 and 2025, respectively
- It is the first corporate PPA that both Neoen and TDF have signed in France and it covers 100% of the energy generated by the two solar farms
Neoen (ISIN Code: FR0011675362, ticker: NEOEN), one of the world’s leading producers of exclusively renewable energy, has signed a corporate power purchase agreement for 62 MW with TDF, the leading digital infrastructure and network operator in mainland France and French overseas territories. This is the first corporate PPA that both Neoen and TDF have signed in France.
Under the 15-year agreement, from 1 January 2026, TDF will purchase the electricity and guarantees of origin produced by the Salernes (16.8 MW, department of Var) and Boussès (45.1 MW, department of Lot- et-Garonne) solar farms.
This corporate PPA will allow TDF to secure a supply of green energy for a significant part of the electricity consumption of its telecommunications and audio-visual broadcasting sites. The initiative forms part of the Group’s broader strategy for corporate social responsibility and to reduce its carbon footprint.
Construction of the two solar farms, developed by Neoen in dialogue with the local governments and stakeholders in the respective areas, will begin in 2023, with commissioning of the Salernes solar farm scheduled for 2024 and Boussès to follow in 2025. Fully-owned and operated by Neoen, the two solar farms will have an annual production of around 83 GWh.