Mondelēz International and Enel Green Power North America, the Enel Group’s US-based renewables company, have announced a 12-year power purchase agreement (PPA) under which the confectionery giant will purchase energy delivered to the electricity grid from a 65 MW portion of Enel Green Power North America’s Roadrunner project, a solar farm in Texas, United States.
The agreement is Mondelēz International’s largest renewable energy partnership at a global level and their first renewable energy PPA signed in the US. Mondelēz said the partnership will allow it to make substantial progress against its sustainability goals by reducing 80,000 metric tons of carbon dioxide emissions, which equates to 55% of the company’s global manufacturing emissions.
“Our ambition is to create a future where people and planet thrive by reducing the environmental impact of the snacks we make,” said Glen Walter, EVP and president, North America, Mondelēz International. “This agreement demonstrates our commitment to reducing carbon dioxide emissions from our manufacturing footprint around the world, as well as specifically in North America. Together with our broader goals to eradicate deforestation in key ingredient supply chains, it forms a critical element of our sustainable snacking strategy and our contribution to creating a sustainable future.”
Enel Green Power North America, part of the Enel Group’s global renewable energy business line Enel Green Power, owns and will operate the 497 MW Roadrunner solar farm currently under construction. Mondelēz International will purchase the energy generated by a 65 MW portion of the project, which is enough to produce more than 50% of all the Oreo cookies consumed in the US annually.