RenewablePower Purchase Agreement
Renewable power leads to business competitiveness
From 2014-2015 Goldman Sachs jumped from 14% renewableelectricity to 86%, H&M increasedfrom 27% to 78%.
-RE100
General motors is saving $5m annually by using renewable energy, and it expects savings to increase.
-American Council on Renewable Energy
It's on demand: Renewable Power-Purchase Agreements increased by 3100% between 2012-2015.
-American Council on Renewable Energy
We're a data-driven company. The science of climate change tells us that building a carbon-free electrical grid is an urgent global priority.
-Gary Demasi, Google
A Power Purchase Agreement (PPA) is a long-term energy procurement contract directly with the generating entity.
At Vertis we focus on “Renewable PPAs”,meaning those where the generating entity is a renewable power plant.
What is a PPA?
Most competitive energy price available
Protect yourself from volatile CO2 and power prices
Your contract is safe against unilateral cancellation
Take control of your energy supply chain
Reduce your indirect GHG emissions
Make a lasting difference by backing the creation of a new renewable power plant
BENEFITS OF RENEWABLE PPAs
You can choose from basictypes of arrangementsSleeved PPA
PPA contract with a generator which will bring energy (MWh) and certificates (GOs). These are in turn sleeved by a utility appointed to physically deliver the energy and other services required to the buyer.
Virtual PPA
PPA is a financial contract which brings GOs to the buyer but no physical delivery of energy, which is handled by pre-existing contractual arrangements with the utility. The PPA results in the same economic effect by virtue of transferring the net increase/decrease of €/MWh which may occur in the physical contract with the utility, to the financial contract with the generator –thus the PPA typically takes the structure of a Contract for Difference (CFD D).
GENERATOR
MWh + GOs MWh + GOs
€ Sleeving fee
€ PPA
UTILITY BUYER
MWh MWh
€€
€ GOs +/- € CFD
GOs
GENERATOR UTILITY BUYER
Our team’s expertise
Ferran Rius PortaHead Renewable Energy at Vertis Environmental Finance
Comprehensive renewable energy tenders
Understanding intimately power generators and power markets
Experience on Renewable PPA deals with utilities, industrials and mining companies
Understanding the anatomy and risks of the deals
Solid experience in Renewable energyproject finance
What you get with Vertis
Key figures Membership and awards
your interest first
We are a neutral deal facilitator, independent to generators
We will tender on your behalf to all qualified suppliers in the market
20m tonnes CO2
emissions reduced
Over 800 power and industrial clients
300 aircraftoperators served
1 billion euros turnover last year
4 officesin Europe
13 languagesspoken
We will deal with the generators, in their own language, so that you get the most out of the deal and can focus on your business
You can tailor our service to suit your needs
best value
peace of mind
flexibility