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16 Jan
10:56

CMC Poland signs 20% power requirement agreement

CMC Poland has signed a long-term financial power purchase agreement (PPA) with Statkraft. The agreement fixes the price for 20% of the Polish long products mill’s power consumption, starting in 2021. Statkraft is wholly-owned by the Norwegian state and Europe’s largest generator of renewable energy. CMC and Statkraft together developed a customised product suited for the needs of energy-intensive industry, the power provider says. The financially-set…
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