A new power purchase agreement (PPA) with CWP Renewables will see one of Australia’s biggest food manufacturers transition to 100 per cent renewable energy.
The ten-year agreement will set up Nestlé to source all of its electricity from CWP Renewables’ Sapphire and Crudine Ridge wind farms in NSW.
Nestlé’s sites include six factories, two distribution centres, three corporate offices, 20 retail boutiques, and a laboratory, all of which will draw electricity from the wind farms.
CEO of Nestlé Oceania, Sandra Martinez, said, “I am proud that we’ve been able to accelerate switching to 100 per cent renewable electricity for our sites, but there’s still more to be done. This is one more step on our roadmap.”
CEO of CWP Renewables, Jason Willoughby, said, “Through this PPA, Nestlé will also be supporting critical regional investment, with our Crudine and Sapphire wind farms providing around 20 local operations jobs, plus more across maintenance, and around $8.55 million in community benefit funding throughout the life of the farms.”
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 Molycop.