AMAG Austria Metall AG signed a long-term power purchase agreement (PPA) with ImWind, a wind power pioneer from Lower Austria. The agreement secures clean green electricity for AMAG’s headquarters in Ranshofen, Upper Austria, for the next 15 years, covering 20% of its current annual electricity requirement.
“The groundbreaking partnership between AMAG and ImWind is a milestone on the path to decarbonization,” said Helmut Kaufmann, CEO and CTO of AMAG Austria Metall AG. “With the long-term PPA, AMAG secures clean green electricity for the Ranshofen site, sending a clear signal for sustainable energy supply. The uptake of renewable electricity from three new wind turbines from ImWind will drive forward the achievement of our decarbonization goals. This partnership underscores our commitment to a green future and demonstrates that we are determined to make a significant contribution to climate protection.”
ImWind is one of the largest producers of renewable energy in Austria. The company’s wind power and photovoltaic plants have an output of 500 MW, producing more than 1 TWh of clean electricity per year for over 335,000 households in Austria.
By the end of 2024, ImWind will put into operation three new wind turbines, which will provide an output of 18 MW. Using electricity from the wind turbines will enable AMAG to avoid more than 26,000 tonnes of CO2 at its aluminum operations compared to conventional electricity generation, which corresponds to the CO2 emissions of more than 10,000 cars per year.
“The successful implementation of this PPA is a milestone for ImWind and underlines our commitment to a sustainable energy future and the expansion of renewable energies in Austria,” said Georg Waldner, CEO of ImWind. “Through the partnership with AMAG, we not only demonstrate our ability to develop innovative solutions for the green transformation but also strengthen the competitiveness of our industry. We are convinced that such alliances are crucial to secure the economic location of Austria and drive forward the decarbonization of our industry.”
AMAG is a leading Austrian supplier of high-quality cast and rolled aluminum products used in a wide range of industries, including the aircraft, automotive, sporting goods, lighting, mechanical engineering, construction, and packaging industries. The conclusion of the PPA underlines AMAG’s sustainability strategy and represents the next step in the company’s decarbonization roadmap.