OSLO, June 12 (Reuters) - Danish renewables group
European Energy has entered into several long-term power
purchasing agreements (PPAs) with Microsoft ( MSFT ) to supply the U.S.
tech firm with green electricity, the Copenhagen-based company
said on Wednesday.
"The renewable energy will be produced by a portfolio of
wind and solar assets in Sweden and Denmark," European Energy
said in a statement.
It will under the agreements deliver more than 3.6 terawatt
hours (TWh) over the contract period, supporting Microsoft's ( MSFT )
goal to meet all its energy demand with power from renewable
sources by 2025 and be carbon negative by 2030, it said.