- TotalEnergies and SWM signed a 10-year renewable electricity contract.
- The contract starts in January 2026, supplying 800 GWh.
- Electricity will come from 50 MW of TotalEnergies' assets in France.
Contract Overview
TotalEnergies and SWM have entered into a 10-year agreement for the supply of renewable electricity to SWM's three plants in France. The contract, set to commence in January 2026, will deliver a total of 800 GWh of electricity.
Energy Source and Supply
The electricity will be sourced from approximately 50 MW of TotalEnergies' existing renewable generation assets in France. This arrangement ensures that SWM receives competitive, stable, and low-carbon electricity tailored to the needs of the paper industry.
Strategic Impact
This agreement secures half of SWM's French electricity needs from renewable sources for the next decade. It represents a significant step towards reducing SWM's Scope 1 and 2 emissions by 2033, providing cost predictability and enhancing the company's ability to offer sustainable solutions.
