{
  "url": "https://classa.info/glossary/ppa-power-purchase-agreement",
  "title": "Power purchase agreement (PPA)",
  "description": "Long-term contract to buy renewable electricity from a specific generator.",
  "oneSentenceAnswer": "Long-term contract to buy renewable electricity from a specific generator.",
  "tldr": [
    "Long-term contract to buy renewable electricity from a specific generator.",
    "Class A landlords with portfolio-scale demand sign 10–15 year PPAs with utility-scale solar/wind projects to hedge electricity prices and book Scope 2 reductions on a market basis.."
  ],
  "keyFacts": {
    "category": "ESG",
    "regionScope": "Global"
  },
  "pageType": "glossary",
  "lastUpdated": "2026-04-01T00:00:00.000Z",
  "license": "CC BY 4.0 with attribution to Class A Atlas (https://classa.info).",
  "citation": "Source: Class A Atlas (https://classa.info/glossary/ppa-power-purchase-agreement), updated 2026-04-01T00:00:00.000Z."
}