Engelhart And e.optimum Deepen Partnership For The Energy Transition With Another Onshore Wind PPA
Berlin (BUSINESS WIRE) - Engelhart, a global trading company for raw materials and renewable energies, is pleased to announce that it has signed another power purchase agreement (PPA) with e.optimum, one of Germany's largest independent energy providers.
Following the initial PPA in January 2025, the new purchase agreement secures renewable electricity from additional onshore wind farms with a total capacity of approximately 167 MW for the period from July to December 2025. This would be enough electricity to supply approximately 31,000 households with green power. The partnership between the two companies is thus being further expanded, representing a 195% increase in contracted capacity from 86 MW to a total of 253 MW. This further supports Germany's energy transition goals of achieving carbon neutrality by 2045.
Matthias Seel, Senior Originator Corporate Customers Europe at Engelhart, commented:
"The second PPA with e.optimum is another milestone in our joint partnership. Especially in uncertain economic and energy policy times, this is a strong signal that both e.optimum and Engelhart are committed to the clear goals of decarbonization in Germany! My sincere thanks go to all colleagues and business partners who made this deal possible."
Sevastos Kavanozis, Head of Renewables Sales & Origination at Engelhart, emphasized:
"The deepened partnership with e.optimum demonstrates that we at Engelhart are continuing to scale up our PPA business. With the second PPA, Engelhart now supplies electricity from over 250 MW of onshore wind power, a fantastic result!"
Boris Käser, CEO at e.optimum, said:
"The valuable partnership with Engelhart reinforces our commitment to a sustainable energy future. We are pleased to take this next step to further advance the use of renewable energies in the economy and to actively shape the energy transition. Only through strong collaborations like this can we achieve our ambitious climate goals."
About Engelhart
Engelhart is a global commodity and renewable energy trading company that offers energy optimization, liquidity, and risk management to increase market stability and unlock additional revenue potential in a dynamic environment.
Leveraging advanced data analytics, meteorology, and proprietary technology, Engelhart provides robust modeling, forecasting, and trading capabilities to help clients participate in complex and dynamic energy markets.
As part of its commitment to advancing the energy transition, Engelhart offers fully automated, end-to-end renewable energy management solutions designed to maximize production and financial returns for renewable energy assets. The company currently optimizes more than 4.0 GW of renewable energy capacity and operates in over 20 countries, serving energy producers, utilities, and industrial customers worldwide.
With a diversified global trading platform spanning renewable energy, power and gas, agricultural products and freight, Engelhart is uniquely positioned to deliver value to its customers while driving progress toward a more sustainable future.
About e.optimum:
As one of Germany's largest independent energy suppliers, e.optimum, based in Offenburg in southern Baden, has been a reliable partner for companies in all matters relating to electricity and natural gas supply since 2010.
Today, e.optimum supplies approximately 45,000 commercial and industrial customers nationwide with more than 5B kilowatt hours of electricity and natural gas per year. e.optimum's product portfolio is complemented by green electricity and green gas, as well as the e.optimum clean energy funding program, which supports the sustainable energy transition in Germany.
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