Statkraft extends PPA for UK biomass plant

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Norwegian state-owned utility Statkraft AS has agreed on a seven-year extension of its existing offtake contract for the output of the 34-MW Sleaford biomass power plant in Lincolnshire, England. 

Sleaford, a Combined Heat and Power (CHP) plant running on straw and woodchips, was acquired early in June this year by renewable energy market investors Greencoat Capital. Statkraft previously entered into a long-term Power Purchase Agreement (PPA) with the plant’s original owners in...