The Portuguese EDP Renovables, a subsidiary of EDP and with headquarters in Spain, has announced a 15-year contract to purchase and sell renewable electricity for 5 plants of the multinational Nestlé.
In fact, it will provide 80% of the electricity needed to supply five of its plants in the state of Pennsylvania, United States.
Nestlé
The contract refers to the production plants and Distribution centers operated by Nestlé Purina PetCare, Nestlé USA and Nestlé Waters North America in the towns of Allentown and Mechanicsburg (Pennsylvania).
It is reported that EDP Renovables will supply 50 megawatts Of electricity. The statement also highlights that in less than a year "20% of the electricity that Nestlé uses in the US will come from renewable sources."
In addition, Nestlé stressed that the contract with the Portuguese company will allow «Cut energy costs, avoid fossil fuel price volatility ”and“ stay competitive ”.
In the words of the director of supply chain of Nestlé United States, Kevin Petrie: «Our alliance with EDP Renovables helps us to advance towards our objective of achieving a environmental impact null between now and 2030 and constitutes another example of the process of transformation of our business ", says in the statement the
With the award of this contract, EDP Renovables will expand capacity of its Meadow Lake VI wind farm, located in Benton County (Indiana), where the Portuguese company is a leader in the production of wind energy
Other multinationals that are committed to renewable energy
Nestlé is not the only large multinational that is betting on renewablesWe can also talk about Apple, Nike, Amazon, among others.
Apple and its wind farm
Iberdrola will supply energy to the technology company Apple during the next twenty years, expandable 5 more, through the aforementioned park. Where will you invest a minimum 300 million of dollars.
All this investment will be through Avangrid company, Iberdrola's renewable energy subsidiary in the United States. It should be remembered that the giant technological Apple, is the largest company in the world by stock market value, with a current value of about 880.000 million euros.
The contract includes the construction of a wind power plant in Gilliam County (Oregon), which will have a capacity of 200 megawatts (MW), will begin to be built next year (2018) and will come into operation in 2020. The investment for the start-up of the Montague park amounts to 300 million dollars (275 million euros).
Through the signed agreement, Iberdrola and Apple have signed a long-term energy sales contract, Therefore, the electricity company headed by Ignacio Sánchez-Galán will own, operate and maintain the wind farm. While the generated electrical energy on the premises for the next twenty years will be supplied to the Apple premises.
Add that the park will be located near other assets of the company in Oregon, which will help to achieve cost reduction (synergies).
Nike
At the end of last year, the Iberdrola subsidiary signed a long-term strategic agreement with the US sportswear manufacturer Nike. According to the agreement, Avangrid will supply wind energy to the American company during lthe next ten years.
The energy will reach the «headquarters » from Nike in Breaverton, Oregon, from Leaning Juniper TT parks, also located in Oregon, and Jupiter Canyon, in Washington.
The power contracted by Nike amounted to 70 megawatts (MW), compared to the 350 MW of which both plants have.
As explained by Nike, the agreement began last January, and is part of the company's commitment to achieve one hundred percent renewable supply at its facilities by 2025.
Amazon
In addition, Iberdrola (Avangrid) supplies wind energy to e-commerce giant Amazon, through the Amazon Wind Farm US East, a park located in North Carolina, which is already operational.
All these agreements underline the intention of US multinationals to continue promoting green energy, despite the relaxation of regulations. environmental policies launched by the new president of the United States, Donald Trump, as opposed to the policies of his predecessor, Barack Obama.
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