Rockwool Inks 10-Year Polish Green-Power Deal With Eurowind

Feb 9, 2026 11:26 AM ET
  • Rockwool locks 10-year Polish PPA with Eurowind, hedging power and slashing Scope 2. Bankable revenues spur new wind/solar as corporate PPAs mature with traceable, shaped supply and battery-ready, data-driven operations.

Rockwool signed a 10-year power purchase agreement in Poland with Eurowind Energy, securing renewable electricity and price certainty for manufacturing sites. The deal hedges power costs and advances Rockwool’s Scope 2 targets. For Eurowind, the contract provides bankable revenue to finance and operate new wind and solar assets as corporate demand accelerates.

Poland’s corporate PPA market is maturing, with buyers seeking traceability and shaped deliveries, and sellers prioritizing term length and credit strength to unlock non-recourse debt. The structure likely pairs fixed-for-floating pricing with forecasting and performance guarantees, plus PV, wind, battery-ready substations, data-driven O&M, and community and grid benefits.

What features make the Rockwool–Eurowind Poland PPA bankable and aligned with Scope 2 goals?

  • 10-year tenor with a creditworthy industrial offtaker, enabling non-recourse debt and attractive DSCRs for new-build assets
  • Fixed-for-floating settlement against a transparent Polish wholesale index, with caps/floors or collar to stabilize cash flows
  • Bank-grade security package: parent guarantees or LC, step‑in rights for lenders, robust default/termination and change‑in‑law clauses
  • Volume and profile risk sharing via shaped baseload blocks, annual take-or-pay/take-and-pay bands, and imbalance/balancing responsibilities clearly allocated
  • Curtailment and grid constraint provisions with defined compensation, preserving revenue under system stress
  • Proven forecasting and performance KPIs with bonuses/penalties, reducing imbalance costs and underpinning lender models
  • Technology mix (wind + PV) for complementary production; substations BESS-ready to enhance capacity value and hedge profile risk
  • Firm grid connections and staged COD milestones with contingency buffers, minimizing construction and dispatch risk
  • O&M anchored by data-driven availability guarantees and spare-parts strategies, protecting net output assumptions
  • Indexed pricing mechanics for inflation or pass-through of specific costs, improving long-term bankability
  • Local Guarantees of Origin/EACs bundled, issued in Poland and retired by Rockwool for market-based Scope 2 accounting
  • Geographic and grid‑zone proximity to manufacturing loads to support credible “same-market” claims under leading frameworks
  • Granular matching (monthly—potentially moving toward hourly) to cut residual emissions beyond annual certificate matching
  • Additionality: certificates tied to new assets, enabling robust claims that purchases caused new renewable capacity
  • Independent verification and audit-ready data (metered production, settlement, and EAC retirement), avoiding double counting
  • Clear residual mix treatment and disclosure, aligned with RE100/GHG Protocol guidance for market-based reporting
  • Community benefits and grid upgrades embedded in project plans, strengthening social license and permitting timelines
  • Optionality for future storage integration or hybridization, keeping the PPA flexible as Polish market rules evolve