
ESGJul 15, 2026, 08:30 AM
Constellium Secures 10-Year Solar PPA for German Plants
AI Summary
Constellium SE announced that its extrusion and automotive structures plants in Gottmadingen and Singen, Germany, will source locally produced solar electricity under a 10-year Power Purchase Agreement (PPA). This agreement with the community of Gottmadingen will provide the full electricity output of the Katzental solar park, covering over 25% of the plants' combined energy needs and is expected to avoid approximately 3,500 metric tons of CO2 emissions per year. This initiative aims to reduce the company's environmental footprint and strengthen energy resilience.
Key Highlights
- Constellium's Gottmadingen and Singen plants to source solar electricity.
- 10-year Power Purchase Agreement (PPA) with community of Gottmadingen.
- Electricity from Katzental solar park to cover over 25% of plants' needs.
- Expected to avoid approximately 3,500 metric tons of CO2 emissions annually.
- Deliveries from Katzental solar park planned to start in spring 2027.
Price Impact
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