Qair has concluded a 15-year cPPA (corporate Power Purchase Agreement) with Żabka Polska, which provides for the financial settlement of the sale of electricity and the purchase of guarantees of origin from the Qair wind farm and large-scale solar power plant. During the term of the contract – in the years 2023-2038 – Qair will provide the client with nearly 1.7 TWh of renewable energy, Qair announced.
“We want to cooperate with real leaders who think about the energy security of their businesses and will change the energy landscape of the country with us. Cooperation with the Żabka Group is the best proof that companies are increasingly looking for solutions that stabilize the business environment and perceive cPPA contracts as a healthy ground for development. We are negotiating further contracts and I believe that this year we will positively surprise the market with new contracts, because we do not have to wait several years for energy from our farms. The race for green energy continues,” said Krzysztof Wojtysiak, CEO of Qair Polska, quoted in the release.
The cPPA contract for the collection of renewable energy will strengthen the implementation of the decarbonisation direction of the Żabka Group, which was set out in the ESG responsibility strategy. The Green Planet pillar provides for achieving climate neutrality in bands 1 and 2 by the end of 2025 and reducing the emissivity of stores by 70%, including the transition to green energy of the entire franchise network.
“For another year in a row, 100% of the electricity we used in our own operations came from renewable energy sources. We also extend this approach to over 9,500 Żabka stores across Poland, run by franchisees cooperating with us. Over 57% of the electricity they consume comes from renewable sources, i.e. it is produced by its own photovoltaic installations or covered by guarantees of origin. We believe that contracts such as those concluded with Qair Polska will allow, in parallel with the actions we take to reduce energy consumption in stores, to achieve a sense of security and stability in the face of rising energy prices,” added Adam Manikowski, vice-president of Grupa Żabka and managing director of Żabka Polska.
In the last 6 months, Qair Polska signed cPPA contracts with a volume of nearly 4 TWh of green energy from 2023 to 2038. In 2024, the amount of energy sold by Qair Polska under cPPA contracts will exceed 300 GWh, the information also states.
Qair Polska – a subsidiary of the Qair Group – has been operating on the Polish market since 2015 and employs over 90 specialists. The company has a portfolio of wind and photovoltaic assets comprising: 308 MW of fully operational projects, 200 MW in the construction phase and over 2.5 GW in the early development phase.
Żabka Polska Sp. z o. o. is the owner of the largest chain of convenience stores in Poland.