DLA Piper advises H&M Group on corporate power purchase agreement in Poland

Global law firm DLA Piper has advised the H&M Group on a long-term corporate power purchase agreement (PPA) with R.Power, a leading European solar developer and independent power producer, to provide 50 GWh of clean electricity annually from solar assets for H&M's operations in Poland and will be sourced from solar installations across the country. The deal secures clean power for H&M's stores, distribution centers and offices in Poland.

H&M Group has set ambitious goals to reduce the company’s absolute scope 1 and 2 emissions and its scope 3 emissions by 56% by 2030 from a 2019 baseline and to increase the annual sourcing of renewable electricity to 100% by 2030. As part of the company’s green investments, PPAs play a crucial role in achieving these targets.

Natasha Luther-Jones, Global Co-Chair of the Energy and Natural Resources Sector and International Head of Sustainability and ESG at DLA Piper, added: "We are delighted to once again advise our longstanding client H&M Group on this significant solar corporate power purchase agreement in Poland. H&M Group continues to leverage PPAs to reach their renewable energy consumption goals and we are thrilled to support their ongoing decarbonization journey.”

The DLA Piper team was led by Natasha Luther-Jones (Partner, Leeds/London) and negotiations were led by Emma Whitfield (Senior Associate, Leeds), supported by Oskar Waluśkiewicz (Partner, Poland) and Monika Leszko (Counsel, Poland) and Jennifer Keogh (Of Counsel, London), Rebekah Birrell (Associate, Leeds), Joshua Walker (Associate, Leeds) and Katie Brown (Trainee Solicitor, Leeds).