Zabka Goes Solar: 65-MW PPA Signed

• Zabka Group has signed a 10-year PPA with Modus Asset Management, supplying 50 GWh of electricity annually from 65 MW of solar parks. The agreement marks Modus Asset Management's entry into the Polish PPA market and will help Zabka reduce Scope 1 and 2 emissions by 25% and carbon intensity by 70% by 2026.

Polish convenience store chain Zabka has signed a 10-year virtual power purchase agreement (PPA) with Modus Asset Management to procure 50 GWh of electricity annually from 65 MW of solar parks. The supplied power will account for more than 9% of the chain’s annual electricity consumption. Zabka Group is aiming to reduce its Scope 1 and 2 greenhouse gas emissions by 25% and lower the carbon intensity of stores by 70% by the end of 2026. This agreement marks Modus Asset Management's entry into the Polish PPA market with plans to expand in the coming years.

What Benefits Does Zabka's 10-Year PPA Bring?

What Benefits Does Zabka's 10-Year PPA Bring?

• MEnergy will receive a fixed fee to cover investments and other costs during the 10-year period of the PPA
• MEnergy will receive a guarantee from CGES for the purchase of the entire volume of electricity produced over the 10-year PPA
• CGES will extend financial and technical support for the construction of the solar power plant
• CGES will provide grid connection services for the project
• MEnergy will benefit from tax incentives and streamlined procedures for the construction of photovoltaic power plants
• MEnergy will benefit from the long-term stable revenue stream associated with the PPA
• MEnergy will benefit from the improved energy security provided by the project