Engie inks renewables PPA with Chilean shopping mall chain

Engie Energia Chile SA announced it has signed an agreement to supply 100% renewable power to Parque Arauco SA, a regional shopping mall chain. Under the terms of the deal, the Chilean subsidiary of France’s Engie SA will supply 117 GWh per year to meet 95% of the buyer’s demand. With this PPA, which will run for five years starting in the second half of 2020, Engie Chile will help Parque Arauco’s branches located in the Metropolitan Region and throughout the country to avoid the annual emission of approximately 53,100 tonnes of carbon dioxide, equivalent to planting more than 106,200 trees.

Source: Renewables Now