Scan Global Goes Green: Swedish Solar PPA Deal

• Better Energy and Scan Global Logistics team up for sustainable energy solutions, powering Swedish operations with green electricity from new solar park.

Danish renewable energy company Better Energy has signed a 10-year power purchase agreement (PPA) with Scan Global Logistics to provide green electricity for the logistics services provider's Swedish offices and warehouses. The agreement will support the construction of a new solar park near Studsvik in Sweden, which is expected to produce 25 GW of electricity annually, enough to power over 4,000 Swedish homes. The plant is set to be connected to the grid by late 2024.

Scan Global Logistics is already sourcing green power from one of Better Energy's existing solar parks in Sweden and was part of a multi-partner group that committed to a bundled offtake from the company's projects in 2022. This new PPA further solidifies the partnership between the two companies and demonstrates a commitment to sustainable energy practices in the logistics industry.

How will Better Energy's new solar park benefit Scan Global Logistics in Sweden?

• The new solar park will provide Scan Global Logistics with a reliable and stable source of green electricity for their Swedish offices and warehouses.
  
• By utilizing renewable energy from Better Energy's solar park, Scan Global Logistics will reduce their carbon footprint and contribute to a more sustainable future.
  
• The 10-year power purchase agreement ensures a long-term supply of green electricity for Scan Global Logistics, providing cost savings and energy security.
• The partnership with Better Energy showcases Scan Global Logistics' commitment to sustainable energy practices in the logistics industry.
• The solar park's expected annual production of 25 GW of electricity will not only benefit Scan Global Logistics but also contribute to powering over 4,000 Swedish homes with clean energy.