Equinix signs 150MW PPA in Spain

Equinix has announced that it has inked a ten-year power purchase agreement (PPA) with Sonnedix. The deal will see the colocation provider source energy from three PV plants in the Castilla-La Mancha region of Spain. The three plants are pegged to be operational by the end of 2024; collectively, they will generate a collective 240,000MWh of power. 

According to reports, this is Sonnedix's largest deal in Europe to date, while Equinix will procure a total capacity of 150MWp.

CEO of Sonnedix, Alex Thiemann, said: "We are very fortunate to work with Equinix as we continue to expand sustainably in Spain, where we have over 800MW of operating capacity."

Adding: "This transaction contributes to our accelerating conversion journey at Sonnedix, demonstrating we can operate at scale and build the relationships that allow us to do so consistently."