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Air Liquide and Vattenfall Sign New PPA Contract

Air Liquide and Vattenfall have signed a new long-term renewable energy purchase agreement for 115 MW of installed capacity in the Benelux, strengthening Air Liquide's supply of renewable electricity and supporting the decarbonization of European industry.
Air Liquide

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Air Liquide and Vattenfall sign new 115 MW long-term PPA contract. Vattenfall is one of Europe’s leading electricity producers and distributors. This new PPA strengthens Air Liquide’s supply of renewable electricity in the Benelux region.

The 15-year contract, starting in 2026, will bring Air Liquide’s total renewable electricity capacity in the region to around 270 MW, representing over 70% of its current electricity consumption in the region. This electricity will be generated by Vattenfall’s Hollandse Kust Zuid (HKZ) offshore wind farm, located off the Dutch coast without subsidies.

Sustainable Development Goals

This partnership is in line with Air Liquide’s Sustainable Development objectives and confirms its commitment to playing a key role in the decarbonization of European industry while reducing its carbon footprint. The PPAs signed in Benelux will enable Air Liquide to reduce up to 8.5 million tonnes of CO2 emissions linked to electricity production, equivalent to the emissions of more than 350,000 Dutch households over the life of these contracts.

Commitment to Energy Transition

Emilie Mouren-Renouard, President of the Europe Industries Business Group, commented: “The signing of this new large-scale PPA with Vattenfall marks an important step in securing Air Liquide’s renewable energy capacity. The Group will thus be able to offer low-carbon solutions to its customers to support them in their decarbonization efforts. Air Liquide is strengthening its commitment to playing a leading role in the energy transition. It supports the development of renewable resources to foster the emergence of a low-carbon European economy.”

Air Liquide in Benelux

Air Liquide Benelux is active in the production, distribution and marketing of industrial and medical gases, technologies and services in the Benelux. The Group operates 28 industrial sites in the Benelux and supplies over 116,000 customers and patients.

About Air Liquide

Air Liquide is a world leader in gases, technologies and services for industry and health, with operations in 73 countries and more than 67,100 employees. The Group serves over 3.9 million customers and patients. With its ADVANCE 2025 strategic plan, Air Liquide is committed to the climate and energy transition, and is developing solutions to support this transition.

Air Liquide’s sales are expected to exceed €29.9 billion in 2022. Air Liquide is listed on the Euronext Paris stock exchange and belongs to several indices, including the CAC 40 and DJSI Europe.

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