Electrohold Trade, a branch of Eurohold Bulgaria, has signed a long-term power purchase agreement (PPA) to supply green electricity to supermarket chain Billa Bulgaria. The electricity will come from an unnamed solar power plant and will cover Billa’s consumption for 10 years at a fixed price.
Electrohold Trade will manage the whole process of procurement, forecasting, balancing and supply. The Eurohold group plans to commission significant renewable energy capacities so that it can offer businesses a long-term supply of competitively-priced green energy.
In March, Bulgarian telecommunications operator Yettel and telecoms infrastructure provider Cetin Bulgaria, both part of the Czech PPF Group, signed a 10-year PPA with Electrohold Trade. According to the agreement, the two companies will cover the majority of their electricity consumption with electricity generated from a 123 MW solar power plant, which will be operated by Electrohold. The power plant in question should be commissioned this year.
In 2022, Eurohold Bulgaria completed the acquisition of Bulgarian assets of Czech energy company CEZ.