Industrial, Sourcing Renewables, Wind - November 30, 2021
Nestlé Australia Signs PPA
Food and beverage manufacturer Nestlé Australia entered into a PPA to switch to 100% renewable electricity, The deal will allow the company to source clean electricity from CWP Renewables’ Sapphire and Crudine Ridge wind farms in NSW.
The 10-year agreement covers all of the electricity used across Nestlé’s sites each year and includes six factories, two distribution centers, three corporate offices, 20 retail boutiques, and a laboratory.
“Achieving our sustainability commitments as we progress towards 2050 can’t wait – and neither can we,” said Sandra Martinez, CEO of Nestlé Oceania, in a statement. “I am proud that we’ve been able to accelerate switching to 100% renewable electricity for our sites, but there’s still more to be done. This is one more step on our roadmap.”
The PPA is the equivalent of enough electricity to power 19,000 households annually and will see the company avoid around 73,000 tonnes of carbon emissions each year.
CWP Renewables has PPAs in place with a wide range of corporate customers including Woolworths Group, the ACT Government, Meridian Energy, Sydney Airport, Commonwealth Bank, Snowy Hydro, and Transurban. Through energy retailer Flow Power, it also supplies the likes of Sydney Opera House, City of Sydney, City of Newcastle and Molycorp.