By Olivia Bugault

 

RWE AG (RWE.XE) said Wednesday that it has signed a 30-year power purchase agreement with Georgia Power.

RWE's subsidiary RWE Renewables will begin supply of power in late 2021 from a 195.5-megawatt facility coupled with a 40-megawatt storage device, the German energy company said.

Georgia Power is an investor-owned utility subsidiary of Southern Co. (SO) located in Atlanta, Georgia.

 

Write to Olivia Bugault at olivia.bugault@wsj.com

 

(END) Dow Jones Newswires

November 06, 2019 08:41 ET (13:41 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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