European Energy and 595° have announced that they have entered into a multi-year PPA to supply green power from European Energy’s German wind portfolio to 595°’s production facilities in Germany.
The agreement amounts to 80 GWh and will span over five years. The agreed quantity allows 595 to cover 100% of its German electricity consumption. 595° is a European supplier of lightweight aluminium and magnesium components. Around 550 employees are involved in light weighting parts for the automotive, aerospace and industrial sectors.
