(AGENPARL) – Mon 26 May 2025 Akzo Nobel N.V.
Media release
May 26, 2025
AkzoNobel signs power purchase agreement with Alight to build solar park in
Sweden
(AKZA; AKZOY)
AkzoNobel has signed a power purchase agreement (PPA) with leading Nordic solar developer and
independent power producer Alight, which revolves around the construction of a 15 MWp solar park in
Sweden.
Alight will finance, construct, own and operate the facility, which will be located in the Uppsala
municipality. AkzoNobel will contract a portion of the clean electricity generated at a stable, low price to
power its adhesives site in Kristinehamn and protective coatings plant in Gothenburg.
“Partnering with Alight, a trusted and experienced solar developer, is an important step in our journey to
achieving 100% renewable electricity by 2030,” says Wijnand Bruinsma, AkzoNobel’s Director of
Sustainability.
“We already operate on 100% renewable electricity at all our manufacturing locations in Europe1 and
teaming up with Alight will secure a supply of clean, reliable energy for most of our operations in
Sweden. It will also add renewable energy capacity to the Swedish grid, contributing to the nation’s
clean energy transition.”
When the solar park is operational in 2027, it’s projected to produce 16 GWh annually, equivalent to the
electricity needs of approximately 3,200 households2. As well as generating more momentum for
AkzoNobel’s ambition to halve its carbon footprint by 2030, the agreement also aligns with Alight’s
mission to kick carbon off the grid.
Christian Neefestraat 2
1077 WW Amsterdam
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The Netherlands
http://www.akzonobel.com
“We’re extremely proud to work with AkzoNobel, one of the world’s most sustainable paints and
coatings companies,” adds Johan Hernström, Head of PPAs at Alight. “We applaud them for taking bold
steps to contribute to the energy transition.”
Alongside the new agreement – AkzoNobel’s first PPA in Sweden – the company is working on an
offsite opportunity for its Malmö site, which is in a different energy zone. There are also plans for a PPA
in Germany.
1 Excluding Türkiye.
2 Based on 5,000 kWh per household.
–About AkzoNobel
Since 1792, we’ve been supplying the innovative paints and coatings that help to color people’s lives and protect what matters most. Our world class
portfolio of brands – including Dulux, International, Sikkens and Interpon – is trusted by customers around the globe. We’re active in more than 150
countries and use our expertise to sustain and enhance everyday life. Because we believe every surface is an opportunity. It’s what you’d expect
from a pioneering and long-established paints company that’s dedicated to providing more sustainable solutions and preserving the best of what we
have today – while creating an even better tomorrow. Let’s paint the future together.
About Alight
At Alight, we’re on a mission to kick carbon off the grid by helping energy-intensive businesses switch to solar. Backed by CVC DIF, we develop,
own and operate onsite and offsite solar projects across Europe and sell the clean energy to businesses at a low, fixed cost through power purchase
agreements (PPAs). By 2030, we aim to have an installed capacity of at least 5 GW, paving the way for a more sustainable future.
Not for publication – for more information
AkzoNobel Media relations
Contact: Hugo Stienstra
Meredith Popolo
Communications Director, Alight