Puratos secures renewable energy supply in Spain through solar PPA

Puratos, the international supplier of food ingredients, and EnBW Energie Baden-Wuerttemberg AG (EnBW) have signed a Power Purchase Agreement (PPA) securing the supply of solar-generated electricity for Puratos’ operations in Spain. The renewable energy contract between the two companies started in 2025, covering 25 GWh annually for more than eight years. The volume originates from EnBW’s solar power portfolio in Spain and includes Guarantees of Origin (GOs).  

Ecohz, the global provider of tailored sustainability solutions, acted as the exclusive PPA advisor to Puratos, assisting at multiple stages of the PPA process, from identifying a project and seller that met the company’s needs to modelling various financial structures and providing advice throughout the negotiations.

Jean-Philippe Michaux, Chief Sustainability and Financial Officer at Puratos, says: “As a company committed to sourcing 100% renewable energy worldwide and achieving carbon neutrality in our operations by the end of 2025, we are thrilled to engage in this project to boost solar power production in Spain. This agreement not only helps us reduce carbon emissions globally but also aligns perfectly with our long-term sustainability strategy and vision.

Tom Lindberg, CEO of Ecohz, says: “Puratos’ investment in a PPA in Spain highlights their commitment to impactful renewable energy solutions and underscores the role of these projects in driving corporate decarbonisation. Ecohz is proud to have assisted Puratos in designing and finalising this deal. Actions like these position companies at the forefront of sustainability and contribute to collective climate goals by bringing new clean energy capacity online.” 

How can Ecohz help your company secure a PPA?

With over 20 years of experience in the electricity market, Ecohz helps companies enter PPAs with clarity and confidence. Our advisors work closely with each client, understanding their unique needs, guiding them through power markets and policy, and pushing the boundaries to maximise financial and sustainability benefits. In 2019, Ecohz facilitated the first-ever corporate PPA in Poland.

Ecohz’ extensive expertise and tailored approach go beyond PPAs. Our sustainability toolbox includes documented renewable electricity, biogas, carbon credits, and digital platforms to support decarbonisation both within and outside the value chain. In short, Ecohz is here to simplify the path to net zero.

About Puratos

Puratos is an international group, which offers a full range of innovative food ingredients and services for the bakery, patisserie, and chocolate sectors. They serve artisans, retailers, industrial and food service companies in over 100 countries around the world. Their headquarters are located in Belgium, where the company was founded in 1919. At Puratos, they believe that food has extraordinary power in our lives and do not take such a responsibility lightly. This is why Puratos aims to help customers be successful with their business, by turning technologies and experiences gathered from food cultures around the world into new opportunities. Together, they move the planet forward by creating innovative food solutions for the health and well-being of people everywhere. For further information, visit www.puratos.com.

About EnBW

With over 29,000 employees, EnBW is one of the largest energy companies in Germany and Europe. It supplies around 5.5 million customers with electricity and gas. As part of its transformation from a traditional energy company to a sustainable infrastructure group, the expansion of renewable energy sources and of the distribution and transmission grids for electricity, gas and hydrogen are cornerstones of EnBW's growth strategy and the focus of its investments. Until 2030, EnBW plans gross investments of €40 billion, around 90 percent of which will be invested in Germany. By then, around 80 percent of EnBW's generation portfolio is to consist of renewable energies, and the company aims to phase out coal by the end of 2028. These are key milestones on the road to the company's climate neutrality in 2035. www.enbw.com