Norton Rose Fulbright Paris Team advises OVHcloud on the signing of its first renewable power purchase agreement with EDF Renouvelables
Global | Press release - Business | January 2022
Global law firm Norton Rose Fulbright has advised OVHcloud, a European provider of cloud solutions, on its first renewable power purchase agreement with EDF Renouvelables, one of the world leaders in renewable energy. The 15-year agreement covers the supply of electricity from a 50 MW solar power plant in France to be built, owned and operated by EDF Renewables.
Under the deal, OVHcloud will be supplied with competitively priced renewable energy to power a number of its data centres in France, which currently consist of 16 buildings at four locations. It will help meet OVHcloud’s decarbonisation goal of obtaining 100% of its electricity from renewable sources by 2025.
EDF Renewables will build a 50 MW photovoltaic power plant in the south of France, with a scheduled commissioning date in 2024.
The Norton Rose Fulbright team was led by global head of energy, Anne Lapierre, assisted by Paris-based associate Pierrick Ferrero.
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