MET Energia Italia and Eredi Gnutti Metalli signed a 10-year PPA

Green Forum
MET Energia Italia and leading Italian metallurgy company Eredi Gnutti Metalli announced a 10-year Power Purchase Agreement (PPA).

Through this long-term energy supply contract, Eredi Gnutti Metalli commits to purchasing an annual quantity of electricity at a fixed price for a period of ten years.

The electricity covered by the PPA and its Guarantees of Origin will be generated by wind farms operating in Italy. The quantity involved represents approximately 9% of the Brescia-based plant's energy needs, allowing Eredi Gnutti Metalli (EGM) to become even more efficient, sustainable, and competitive.
EGM General Manager Nicola Gnutti Cantele said: “In a global context where energy transition has become a strategic priority for many companies, EGM chose to take another significant step towards environmental sustainability.”

MET Energia Italia CEO Giuseppe Rebuzzini added: “The ability to provide tailor-made solutions for large industrial clients is a defining characteristic of our operations. Through this deal, Eredi Gnutti Metalli can stabilize the price of its energy supply for the long term.”
In a highly energy-intensive sector like metallurgy, the adoption of renewable sources represents a significant shift. This type of strategic choice demonstrates how sustainability can be integrated into traditional industrial models, transforming environmental challenges into opportunities for innovation.

MET Energia Italia and MET Group have been contributing to the green transition in Italy and Europe for years. MET Italia is a key player in providing energy commodities to large Italian industrial clients, with a contract portfolio that reached 10.5 TWh of natural gas and electricity in 2024. The company has also been executing medium- and long-term PPA contracts with industrial end-users throughout Italy.
 

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Green Forum  |  13 June, 2025 at 4:15 PM
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