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Phoebe Fraser

Phoebe Fraser

22 November 2022

Campbell enters into renewable energy agreement with Enel

Campbell enters into renewable energy agreement with Enel

Campbell Soup Company and Enel North America have entered into a 12-year virtual renewable power purchase agreement (PPA), expected to commence in July 2023. The agreement supports Campbell’s greenhouse gas (GHG) emission reduction efforts through the purchase of electricity and associated renewable energy credits from a 115-megawatt share of Enel’s Seven Cowboy wind farm project. Enel began construction of the 300-megawatt Seven Cowboy wind farm project in Kiowa and Washita, Oklahoma, in March this year. Campbell’s VP of corporate responsibility and sustainability, Stewart Lindsay, said: “Improving the sustainability of the agriculture and food value chain is important to Campbell. Reducing emissions is a key part of this work, and the agreement with Enel North America provides a significant step forward in meeting our science-based emissions targets.” The renewable energy credits retained through the PPA will reduce the soup giant’s Scope 2 emissions, enabling the company to progress towards achieving its 2030 GHG reduction targets. Using expected production from Campbell’s involvement in the wind farm project, the move is estimated to save around 191,000 metric tons of CO2 emissions annually. Paolo Romanacci, head of Enel’s renewable energy business, Enel Green Power, commented: “We are proud to support Campbell’s goal to create a more sustainable food system. This agreement demonstrates how food and beverage companies like Campbell can leverage clean energy solutions to achieve their emissions reduction goals, while also supporting the addition of new renewable energy to the electric grid.” The Seven Cowboy wind farm project, located southwest of Oklahoma City, will house 107 turbines that are expected to annually generate over 1.3 terawatt hours of energy.

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