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News Lafarge Cement Polska signs power purchase agreement with KGAL

Lafarge Cement Polska signs power purchase agreement with KGAL

Written by Global Cement staff 14 April 2023
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Poland: Lafarge Cement Polska has signed a 15-year power purchase agreement (PPA) with KGAL Investment Management. The KGAL ESPF 4 renewable energy fund will provide the cement producer with around 230GWh/yr of electrical energy from two onshore wind farms. These will be the 35MW Krasin unit, which opened in 2022, and the 27MW Rywald unit, which is scheduled to start feeding the local grid from October 2023. With this latest agreement in place, Lafarge Cement Polska will be able to cover over half of its electrical supply requirements from renewable sources.

KGAL is an independent investment and asset manager based in Germany. It focuses its investments in real estate, sustainable infrastructure and aviation sectors.

Image credit: KGAL GmbH & Co. KG.

Last modified on 19 April 2023
Published in Global Cement News
Tagged under
  • Lafarge Poland
  • Lafarge Polska
  • Poland
  • Germany
  • KGAL
  • Wind
  • power purchase agreement
  • Sustainability
  • Electricity
  • GCW604
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