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.”

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.