July 3, 2025 – Nadara and Statkraft have signed two long-term Power Purchase Agreements (PPAs) for the supply of renewable energy from two of Nadara’s operational wind farms in Italy. The agreements mark a significant step forward in both companies’ strategies to support the energy transition and deliver sustainable, reliable power to the Italian market.
Under the terms of the deal, Statkraft will purchase approximately 60 GWh per year of wind energy from Minervino Wind Farm under a 10-year agreement, and a similar amount from San Sostene Wind Farm, both with the relative Guarantees of Origin, under a 5-year agreement. Both contracts will commence in January 2026.
The wind farms involved have been in operation for several years and were previously supported by government incentive schemes, which have since expired. These PPAs provide a new commercial framework to extend the productive life of the assets, ensuring they continue to generate clean energy and deliver economic value to their surrounding communities.
“These are sites with real history – they’ve been part of the local landscape and energy system for many years,” said Maria Mura, Head of South Europe Origination at Nadara. “This agreement allows us to give them a new chapter, ensuring their continued operation while providing a stable and predictable revenue stream that will help Nadara develop new renewable energy projects. This is not just good for us, but for the communities our projects support and for Italy’s energy transition more broadly.”
For Statkraft, the agreements represent the strategic addition of wind energy to its existing portfolio in Italy. By incorporating wind into its mix, Statkraft is better positioned to offer customers a balanced and resilient renewable energy solution.
“The addition of wind power helps us deliver a more comprehensive and diversified offering to the Italian market,” said Simon Kornek, Vice President South European Origination at Statkraft. “These PPAs strengthen our long-term position in Italy and reflect our commitment to sustainable energy development across multiple technologies.”
The agreements highlight the key role of long-term renewable energy contracts in Italy as complementary solutions to regulated routes-to-market, reflecting the maturity of the industry and the increasing demand for dependable green power among energy buyers.
Both companies view the PPAs as strategic partnerships that reinforce their respective ambitions in the renewable energy space and create long-term value for their stakeholders.