• Corporate PPA

What’s a Private or Corporate PPA?

A Corporate PPA (Power Purchase Agreement) is a long-term contract under which a business agrees to purchase electricity directly from an energy generator. This differs from the traditional approach of simply buying electricity from licensed electricity suppliers, often known as utility PPAs.

PPAs are widely accepted in the U.S., Europe and Scandinavian markets. Recently, there has been a growing trend in Latin America, with the support of corporate partners, committing to long-term PPAs.

The increasing frequency with which large, well-known businesses have entered into PPAs and invested in generations assets of their own is mostly due to both the economic and environmental benefits they bring to stakeholders.

Private PPAs were pioneered by the data centers that needed huge amounts of energy and resources to operate. However, the interest of entering into PPAs is not limited to just a certain type of business or geographical area. Now, it is common for companies, across industries, to be conscious of their energy sources, costs, and carbon footprint. Large banks, retailers, restaurant chains, and telecommunications companies have all widely published details of their PPAs.

Why Renewable Energy?

Investing in green energy makes commercial sense: it will reduce costs significantly and improve energy efficiency. But cutting down prices is only a part of all the benefits this solution offers to corporate businesses. Going green and becoming environmentally friendly has become more than just a trend, it is often found at the core of some of the most reputable companies’ DNA and corporate culture. It has also become one of the major differentiators for customers, investors and stakeholders alike who look to financially support sustainable companies.

After the introduction of renewable energies as a direct source of energy in 2015, MLP substantially lowered the costs of the energy required for their operations, roughly a 50% less than the use of conventional sources of energy. Locking down the price with a long term PPA guaranteed a bankable solution for MLP and more flexible financial terms. Atlas Renewable Energy’s financial reliability and accuracy when forecasting long-term assumptions facilitated the implementation of projects like Javiera.

What do we offer?

Corporate PPAs have been growing in Latin America and have provided an opportunity for businesses to commit to using renewable energy, reducing their carbon footprint, improving business sustainability, and providing greater energy security and price certainty.

Atlas Renewable Energy’s experienced team will lead the process from concept to operation. We will create tailor-made agreements and implement the right commercial structure for a bankable project that meets the energy needs of our clients.

We put at our client’s disposal our industry know-how and the most reliable technologies in the market to develop an agile, low-cost and care-free solution. Your company won’t be exposed to development risks and we’ll secure the financial structure to build your renewable energy utility.

Case Studies

Javiera Solar Energy Plant

Renewable Energy is a key part of Antofagasta Minerals’s sustainability strategy, where it looks to generate as much clean energy as it consumes. More specifically, it has established the goal of reducing 300K tons of its CO2 Emissions by 2022. Atlas Renewable Energy’s Javiera Solar Energy Plant provides clean energy to one of the largest copper mines in the world and alone, generates 15% of the mine’s power needs.

LOCATIONAtacama Desert
OWNERAntofagasta Minerals
OPERATORAtlas Renewable Energy