Expert brief

PPA tenor: 5, 10 or 15 years?

Updated 2026-06-06By Antoine Cazals — VoltarioneRead ~3 min

PPA tenor drives the price: a 15-year PPA is 10–20% cheaper than a 5-year, because it de-risks park financing.

2026 tenors

Hyperscalers: 12–15 yrs. Industrials: 7–10 yrs. Mid-caps: 3–5 yrs (secondary PPA).

Sources & references

Data and methodologies based on:

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