Enel Green Power has signed a Power Purchase Agreement (PPA) with Empresa Eléctrica de Guatemala S.A. (EEGSA) the electricity distributor of the departments of Guatemala, Sacatepéquez and Escuintla, providing service to more than 1.3 million customers, to supply 42 GWh of renewable energy annually for five years.
EEGSA will purchase the energy delivered to the grid by EGP’s Matanzas and San Isidro hydro plants, both located in the Baja Verapaz department.
" The open tender processes allows transparency in contracting, as well as tariff stability and competitive prices for EEGSA's clients, which may be reflected in the coming quarters."
-Carlos Rodas, EEGSA's Planning and Control Manager
The renewable energy provided in five years supply agreement will avoid the emission of 144,000 tons of CO2 into the atmosphere.
“This agreement confirms EGP as a leading renewable energy partner for large corporate customers, while supporting their embrace of the energy transition and supplying sustainable energy to Guatemalans. We are committed to further contributing to the renewable development of the Country, leveraging on our technological know-how as well as the sustainable approach we have implemented at a global level.”
-José Sánchez, Country Manager of Enel Green Power in Guatemala
The PPA is the result of a public tender held in February 2020.