Amazon Signs German Power Agreement, Backs Swedish Wind Projects

04:12 AM EDT, 08/28/2026 (MT Newswires) -- Amazon.com (AMZN) has signed a power purchase agreement in Germany and invested in four Swedish wind energy projects, the company said Friday. The US e-commerce giant agreed to buy 600 megawatts of electricity from the planned Gennaker offshore wind farm in the Baltic Sea. The deal gives project developer Skyborn Renewables the financial certainty required to proceed with construction, Amazon said. The new Swedish contracts bring the company's total clean energy capacity in the country to almost one gigawatt over nine wind sites, it said.