RWE expands power purchase agreement with ASML to 130MW of renewable capacity until 2038

RWE has expanded its power purchase agreement with ASML to approximately 130MW of renewable capacity, extending the deal until 2038. This agreement builds on a partnership initially signed in 2021 and covers power from the Belgian Northwester 2 offshore wind farm and RWE's Dutch wind portfolio. The supply will include electricity from the OranjeWind offshore wind farm and the Kattenberg, Zuidwester, Westereems, and Oostpolderdijk onshore wind farms in the Netherlands. ASML will utilize this renewable electricity to power its facilities located in the Netherlands, supporting its increased digitalization needs. Dutch consultancy Energie Makelaar BV provided support in structuring this expanded agreement.

Counterparts (3)

Offtaker

ASML

company · 1 deals

ASML is a technology company that provides lithography systems to the semiconductor industry. Their systems are used by chipmakers to mass produce patterns on silicon, enabling the creation of more powerful, faster, and energy-efficient microchips.

advisor

E

Energie Makelaar BV

company

Energie Makelaar BV is a Dutch energy broker and advisor, specializing in optimizing energy procurement and management for businesses. The company focuses on reducing energy costs and promoting sustainable energy solutions.

ipp

RWE

company · 6 deals

RWE is a leading renewable energy company investing billions of euros worldwide in the energy transition. They are focused on expanding offshore and onshore wind, solar energy, and battery storage, complemented by global energy trading, with a goal to be net zero by 2040.