500 MW agrivoltaic partnership: TSE, the French renewables developer and power producer, has joined hands with local agri-food company Océalia’s Cooperative Group for the joint development of 500 MW agrivoltaic capacity in France. These projects will be located across Océalia’s territory. Under the agreement, over the next 10 years, the companies will develop and operate the projects under a joint venture (JV). Once fully deployed, it will produce electricity equivalent to the annual consumption of around 120,000 households. The 2 partners said this initiative will provide farmers with an additional and more stable source of income while preserving agricultural use of the land, particularly in regions facing climate and water stress.
€675 million for ContourGlobal: UK-based independent power producer (IPP) ContourGlobal has successfully issued €675 million in 4.375% senior secured notes due 2031 and increased its revolving credit facility by €60 million. This strengthens its liquidity and capital structure. The oversubscribed offering, backed by strong institutional investor demand, will refinance its existing debt, extend maturities to 2030-2031, lower borrowing costs, and support the company’s ongoing renewables expansion and growth strategy, the management stated. The company's portfolio comprises close to 5.5 GW of gross capacity and assets under construction or development with an expected gross capacity of approximately 13.2 GW.
Clean firm power for SVM: France’s TotalEnergies and Luxembourg-headquartered paper producer SWM have signed a 10-year contract for the supply of renewable electricity with a constant delivery profile to 3 SWM plants in France. Starting in January 2026, the agreement covers 800 GWh of power sourced from around 50 MW of TotalEnergies’ existing renewable assets in France, providing SWM with stable, competitive, and low-carbon electricity. SVM says the agreement supports its decarbonization and cost-predictability goals.
Zanasi Group signs renewable PPA with Plenitude: Eni Group’s Plenitude and Italy’s Zanasi Group, the Official Ferrari Service for mechanics and bodywork, have signed a 4-year power purchase agreement to supply 4.38 GWh of renewable electricity annually, covering about 50% of Zanasi’s energy needs. The deal, sourced from Plenitude-managed renewable plants in Italy and backed by Guarantees of Origin, will provide price stability over the contract period. It builds on a 2023 collaboration under which Plenitude installed 4 rooftop PV systems totaling 762 kW at Zanasi facilities in the Maranello area. Eni says this highlights the growing uptake of flexible, medium-term PPAs among mid-sized industrial companies.