Centrica plc has launched its route-to-market business in Italy, with Power Purchase Agreements (PPAs) with Glennmont Partners for the trading and balancing of 315 MW of capacity on 13 onshore wind farms in Southern Italy and Sicily.

Cassim Mangerah, Centrica’s Co-MD of Energy Marketing & Trading, said: "Launching our route-to-market offering in Italy is in line with our strategy to grow and diversify into new markets. We want to be present in all major European markets for renewables, providing our customers with multi-geographical optimisation and leveraging our expertise of managing power purchase arrangements."

Centrica said that, during 2017 and 2018, Centrica has been involved in a number of landmark European route-to-market projects with major corporates. The provision of route-to-market services is an important part of the strategy of its Energy Marketing & Trading business. It aims to further grow through renewable energy generators, corporates and industrials who are looking to purchase electricity on long-term agreements to provide price certainty and support new, low-carbon power generation.

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Centrica   Contract awards   Italy  

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