Fortia Energía signs 5-year PPA with Axpo for 44 GWh/year
By Global Infrastructure Sherpa · Feb 5, 2026
Fortia Energía has signed a 5-year power purchase agreement (PPA) with Axpo to supply 44 GWh of electricity per year to its clients in Spain. The agreement is designed to provide stability in pricing and volume for Fortia's clients, reducing their energy costs and increasing their competitiveness. Axpo, a leading independent renewable energy producer in the Iberian market, will supply the electricity from its diversified portfolio of wind energy assets in Spain. The deal reinforces Axpo's role as a key partner for renewable energy producers, offering long-term solutions that combine risk management, financial stability, and in-depth knowledge of the wholesale energy markets.
Deal Analysis
Fortia Energía's 5-year power purchase agreement (PPA) with Axpo for 44 GWh/year of wind energy is a significant move to provide price and volume stability for Fortia's clients in Spain. By securing a long-term supply of renewable energy, Fortia aims to reduce energy costs for its customers and enhance their competitiveness. Axpo, a leading independent renewable energy producer in the Iberian market, will supply the electricity from its diversified portfolio of wind energy assets in Spain, reinforcing its position as a key partner for renewable energy producers by offering risk management and financial stability.
This PPA highlights the growing trend of corporations seeking long-term renewable energy contracts to manage price volatility and meet sustainability goals. The deal underscores the importance of PPAs in facilitating the development and operation of renewable energy projects, providing developers like Axpo with predictable revenue streams. The agreement also demonstrates the increasing sophistication of the Spanish energy market, with companies like Fortia leveraging PPAs to offer innovative energy solutions to their clients.
- 5-year PPA for 44 GWh/year of wind energy.
- Fortia Energía secures stable pricing and volume for its clients.
- Axpo strengthens its position as a key renewable energy supplier in the Iberian market.
- Deal highlights the increasing importance of PPAs in the Spanish energy market.
Market Context: The Spanish energy market is experiencing significant growth in renewable energy adoption, driven by government policies and increasing corporate demand for sustainable energy solutions. PPAs are becoming increasingly common as a mechanism for securing long-term renewable energy supply and managing price risk.
Market Context
This deal is part of the Onshore Wind sector in Spain.
1 of 61 Onshore Wind deals tracked this month · Updated daily