Nestlé’s US division has agreed a 15-year wind power deal with renewable electricity supplier EDP Renewables, which represents a major step towards Nestlé’s sustainability goals.
EDP will supply 50mW of electricity to five Nestlé facilities in southeastern Pennsylvania as a result of the agreement, providing approximately 80% of the electricity load for these facilities.
Nestlé’s ambition is to procure 100% of its power from renewable sources in the future, and the company estimates that 20% of the electricity it uses in the US will come from renewable sources by 2019, thanks in part to the energy from EDP’s wind farm.
The agreement will also pay for the expansion of EDP’s Meadow Lake VI wind farm in Benton County, Indiana, which should be completed in 2018.
Kevin Petrie, chief supply chain officer at Nestlé USA said: “Our partnership with EDP Renewables propels us forward in our ambition to create zero environmental impact by 2030, and is another example of our business transformation journey.
“This power purchase agreement perfectly illustrates our creating shared value strategy—that we create value for our business through contributing to a healthier future for the planet.”
João Manso Neto, CEO of EDP Renewables said: “EDP Renewables is proud to partner with Nestlé to help in achieving its forward-looking goal of obtaining all of its energy from renewable sources.
”This power purchase agreement enables EDP Renewables to further expand our presence in Indiana, the state in which we are the leading producer of wind energy.”
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