AGL Energy (ASX:AGL) agreed to supply an extra 287 megawatts of electricity to Alcoa's Portland aluminum smelter joint venture in Victoria, Australia until June 20, 2035, according to a Monday filing with the Australian bourse.
The agreement starts July 1, 2026, and allows for an option to replace up to 30% of the contracted volume with a renewable power purchase agreement with AGL, the filing stated.
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