# Borealis and VERBUND sign 10-year hydropower PPA for Schwechat site

Borealis and VERBUND signed a 10-year power purchase agreement for VERBUND to supply approximately 220 GWh per year of hydropower from two Danube plants to Borealis' Schwechat site, starting January 2023.

- Type: Contract
- Announced: 2022-12-19
- Where: Schwechat, Austria
- Status: announced
- Capacity: 220 GWh per year
- Products: polyolefins, hydrocarbons
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Borealis](https://endata.com/companies/242.md) (customer)
- [VERBUND](https://endata.com/companies/54286.md) (supplier)

## Sources

- [verbund.com](https://www.verbund.com/en/group/news-press/press-releases/2022/12/19/borealis-verbund-gruenstromliefervertrag), 2022-12-19: "Borealis and VERBUND are concluding a power purchase agreement (PPA) for a term of ten years for the supply of electricity from two VERBUND hydropower plants on the Danube."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.