FIVE YEARS PPA. ACCIONA Energía will supply 100GWh/year to cover all the energy needs of Berry’s facilities across Mexico
ACCIONA Energía today announced a five-year power purchase agreement (PPA) with Berry Global Group, Inc. (NYSE: BERY) to cover all the electricity needs of its facilities in Mexico with 100% renewable energy.
Through this agreement, ACCIONA Energía will supply nearly 100,000MWh of renewable energy at stable price annually, avoiding 40,000 metric tons of CO2 per year – equivalent to taking over 15,000 cars off the road. This not only helps Berry meet its climate goals, it also helps Berry’s customers advance their ambitious sustainability goals by providing lower-carbon solutions.
“We are firmly committed to expanding the number of renewable energy projects across our business each year to help reduce greenhouse gas emissions and accelerate progress toward a net-zero future,” said Rodgers Greenawalt, Executive Vice President of Operations at Berry Global. “In addition to being the lowest-cost option, this agreement inherently reduces our operational impacts and our customers’ supply-chain emissions while minimizing the cost and price fluctuation associated with fossil fuels.”
Utilizing a breakdown of around 70% wind and 30% solar, Berry’s San Luis Potosi, Cuautitlán Izcalli, Atlacomulco, and Tlanepantla sites across Mexico will consume 100% renewable energy thanks to this deal. San Luis Potosi is the largest site powered through the agreement, accounting for roughly two-thirds of Berry’s total energy consumption in the country.
“The PPA with Berry is a further demonstration of ACCIONA Energía’s commitment to support decarbonization at industrial level and the transition towards a sustainable, competitive and efficient energy system,” said Javier Montes, Commercial Director at ACCIONA Energía
This new agreement allows Berry to significantly increase its renewable energy usage, advancing its climate goals to reduce absolute Scope 1+2 (operational) emissions by 25% and Scope 3 (supply chain) emissions by 25% by 2025, compared to 2019.