12 Mar 2024 --- Borealis and Vattenfall, one of Europe’s largest producers of electricity and heat, have sealed their inaugural long-term renewable hydropower purchase agreement (PPA). Vattenfall will channel a total of 175 GWh of renewable electricity annually to Borealis over the next decade, from its hydropower plants located along the Lule River in Sweden to power Borealis’ operations in Stenungsund.