K+S and MPC Capital enter into long-term Power Purchase Agreement for major Werra plant in Hesse

• Onshore wind farm (11.4 MW) serves as a long-term, regionally anchored energy supply infrastructure for K+S, one of the world’s leading potash producers
• Direct physical supply creates increased asset-resilience and protection against electricity price volatility outside of the public grid (“behind-the-meter”)
• Model serves as a lighthouse project for industrial decarbonization through physical supply of renewable energy

HAMBURG, 25 June 2026 – MPC and K+S have entered into a long-term physical direct power purchase agreement to supply the composite production facility Werra with onshore-wind-generated electricity. The project enables capital-light industrial decarbonization and long-term contractually secured cash flows at asset level.

Win-Win for generator and offtaker

For the electricity producer, implies protection from volatile spot market prices and thus maximum asset resilience. The model provides an effective solution in the current market environment and creates stable, long-term cash flows for private capital.

The power purchase agreement enables K+S to drive decarbonization of its industrial value chain at predictable energy costs coupled with secured renewable energy supply. At the same time, the company does not need to invest significantly in power generation assets itself (“off-balance-sheet” approach). Facilitated by the direct connection to the production plant, conventional grid fees are eliminated. The project hence supports increased grid efficiency in the Werra valley. As one of K+S’s most important production sites, the Werra plant accounts for around 42 percent of the company’s global potash production. For K+S the project is the first supply of renewable electricity and a further step within the current industrial transformation.

Constantin Baack, CEO of MPC Capital AG: “The energy transition not only requires new renewable generation capacities, but also forward-looking infrastructure partnerships based on tangible projects. This model shows how private capital and industrial companies can jointly develop innovative solutions combining capital-light industrial transformation with long-term contractually secured cash flows.”

New Energy Infrastructure models for industrial decarbonization

The direct link between energy generation and industrial offtake creates a robust structure in an increasingly volatile electricity market environment. Energy is consumed directly where it is generated, supporting the transformation of a key industrial site in the federal states of Hesse and Thuringia.

Dr Jens Christian Keuthen, CFO K+S AG: “Connecting a wind farm directly to the Werra plant is a perfect fit with our corporate strategy of achieving greenhouse gas neutrality at K+S by 2045. Following the installation of our first power-to-heat boilers, this project is a further step towards decarbonizing potash production in Germany. Our goal is to secure long-term value creation and jobs while reducing our carbon footprint.”

Blueprint for industrial decarbonization in Germany

Industrial partnerships on asset level supported by private capital provide the opportunity to initiate comparable models. MPC has built a proprietary AI-enabled database for screening and individual pipeline composition. Increasing requirements for decarbonization, electrification and energy independence create a structural need for infrastructure models that connect private capital, industrial production and renewable energy generation.
 

Further Project Partners
The project was technically supported by Energiekontor and Moeller Operating Engineering (M.O.E.), and legally by Satell. The project financing bank for the wind farm is Commerzbank.

About K+S
We make an important contribution to society: We enable farmers securing the world's food supply. Our products keep numerous industries running. We enrich consumers' daily lives and ensure safety in winter. With around 11,000 employees, production sites on two continents, and a global distribution network, we are a reliable partner for our customers. At the same time, we are realigning ourselves: We are focusing even more strongly than before on fertilizers and specialties. We are becoming leaner, more cost-efficient, more digital, and more performance-oriented. On a solid financial basis, we are tapping into new markets and business models. We are committed to our responsibility towards society and the environment in all regions in which we operate.

About MPC Capital
MPC Capital is a globally active investment manager and entrepreneurial partner for infrastructure projects. The company develops, finances and operates projects for institutional investors in the Maritime and Energy sectors. With approximately 280 employees, the companies of the MPC Capital Group manage and operate around 400 assets with a total value of EUR 5.4 billion, covering the entire life cycle with integrated services. As a responsible company founded in 1994 and listed since 2000, MPC Capital contributes not only to the financing but also to the implementation and efficient operation of investments required to achieve global climate targets.

Contact
MPC Capital AG
Stefan Zenker
Head of Investor Relations & Corporate Communications
Tel. +49 (40) 380 22-4347
Email: s.zenker@mpc-capital.com

Photo Material
Plant view, Hattorf site: Dr. Jens Christian Keuthen (left) and Constantin Baack.
Wind farm view: Constantin Baack (left) and Dr. Jens Christian Keuthen.
The photos may be used free of charge for editorial purposes, provided the photo credit “K+S” is given.