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Denmark's European Energy signs long-term power deals with Microsoft
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Denmark's European Energy signs long-term power deals with Microsoft
Jun 12, 2024 1:01 AM

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.

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