VPPA Frequently Asked Questions Soalan-soalan LazimVirtual Power Purchase Agreement • April 14th, 2023
Date: April 20, 2020 To: Rocky Mountain Institute, World Resources Institute From: Bo Mahr, Attorney, Husch Blackwell LLP & Lawyers For Good Government Re: Municipal Authority to Enter Into Virtual Power Purchase Agreements in MissouriVirtual Power Purchase Agreement • April 21st, 2020
Though Missouri places many restrictions on a municipality’s authority to contract, it is likely that Virtual Power Purchase Agreement (“VPPA”) may be entered into by municipalities, such as the home rule City of St. Louis, under the authority of Mo. Ann. Stat. § 108.170(8)(1). This statute allows cities, meeting a requisite set of qualifications, the authority to enter into “agreements providing for fixing the cost of such commodity, including without limitation agreements commonly referred to as hedges, futures, and options.” As detailed further in this memorandum, one such enumerated commodity, electricity, is the exact commodity VPPAs are designed to provide a hedge against. Neither Husch Blackwell LLP nor I are personally in an attorney-client relationship with Rocky Mountain Institute or World Resources Institute and this memorandum of legal research is not intended as legal advice.
La-Z-Boy Signs Long-Term Renewable Energy DealVirtual Power Purchase Agreement • September 1st, 2023
MONROE, Mich., April 21, 2021 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB), a global leader in residential furniture, has finalized a 10-year resource-backed virtual power purchase agreement (VPPA), extending through the end of 2030, with AEP Energy Partners, a competitive energy subsidiary of American Electric Power (Nasdaq: AEP). The agreement signifies a meaningful initiative as La-Z-Boy expands its environmental programs in its quest to reduce its carbon footprint. La-Z-Boy’s VPPA will support approximately 70,000 MWh of renewable energy per year, from AEP’s principally owned Santa Rita East wind energy center in Irion County, Texas, throughout the term of the agreement. Once fully implemented, La-Z-Boy will receive renewable energy certificates (REC) equivalent to roughly 16 MW of wind power capacity representing more than 90% of La-Z-Boy’s current total annual domestic energy consumption.
WestRock’s First Virtual Power Purchase Agreement Project Reaches CommercializationVirtual Power Purchase Agreement • November 3rd, 2017
ATLANTA--(BUSINESS WIRE)-- WestRock (NYSE:WRK), a leading provider of sustainable fiber-based paper and packaging solutions, is making progress toward its science-based greenhouse gas targets by supporting the first of two Texas-based solar projects. WestRock set the stage by entering into virtual power purchase agreements (VPPAs) with ENGIE North America (ENGIE), a subsidiary of ENGIE S.A. and global leader in the net zero energy transition.
Virtual Power Purchase AgreementsVirtual Power Purchase Agreement • April 2nd, 2019
Virtual power purchase agreements (VPPAs) are the future of renewable energy purchasing, and they are now available in Canada. Do you know enough about VPPAs to determine if this opportunity is right for your
Contract VolumeVirtual Power Purchase Agreement • March 18th, 2021
ContractVirtual Power Purchase Agreement • May 27th, 2023
AUTHOR: No author available SECTION: STAR BIZWEEK PAGE: 2 PRINTED SIZE: 252.00cm² REGION: KL MARKET: Malaysia PHOTO: Full Color ASR: MYR 12,682.00 ITEM ID: MY0054075646
