Air Liquide (AL) and Vattenfall, one of Europe’s leading producers and retailers of electricity, recently signed a new Power Purchase Agreement (PPA) for 115 MW of renewable installed power capacity. It reaffirms AL's commitment to lead the way in decarbonizing the European industry while lowering its own carbon footprint, in line with its Sustainable Development objectives.

Contracted over a 15-year period beginning in 2026, the PPA will bring overall renewable power capacity available to AL to around 270 MW in Benelux. This capacity will provide energy representing more than 70% of the Group's existing electricity consumption in Benelux.

The new renewable energy will be generated by the Hollandse Kust Zuid (HKZ) subsidy-free, worldscale offshore wind farm by Vattenfall off the Dutch coast.