Hydro, Tonstad Vindpark ink power contract for Norway aluminium plant
Hydro Energi AS and Tonstad Vindpark AS have signed a contract for the supply of power in the period from 2020 to 2045.The contract will contribute to supplying power to Norsk Hydro’s aluminium plants in Norway.
Hydro Energi AS is a wholly-owned subsidiary of Norway’s aluminium company Norsk Hydro. Tonstad Vindpark AS is a planned onshore wind farm in Sirdal and Flekkefjord in southern Norway.
“The contract spans for 25 years, for the period 2020 to 2045. Hydro Energi AS will purchase 100% of the actual output of the wind farm and will handle all balancing and nomination from the commissioning of the wind farm and for the duration of the power purchase contract,” according to Hydro press release.
Tonstad Vindpark AS is owned by Engie, a French power utility company, and SUSI Partners, a Swiss Investment Manager specializing in sustainable energy infrastructure. With an installed capacity of 208 MW, the company has an estimated average production of 0.7 TWh annually.
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