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TVA enters 10-year PPA with Brookfield Asset Management facilities

TVA enters 10-year PPA with Brookfield Asset Management facilities

Tennessee Valley Authority, or TVA, together with Argo Infrastructure Partners and Brookfield Asset Management (BAM), with its listed affiliate Brookfield Renewable (BEP) announced the signing of a 10-year power purchase agreement, or PPA, with power to be delivered by the Cheoah, Calderwood, Chilhowee and Santeetlah dams, together known as the Smoky Mountain Hydroelectric facilities, which is jointly owned by Argo and Brookfield. Smoky will begin delivering power through the PPA starting in 2025 and over the next decade, will supply more than 14 gigawatt hours of carbon-free energy to TVA customers.

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