Nestlé UK has signed a 15-year power purchase agreement (PPA) with Danish renewable energy company Ørsted.
As per the terms of the PPA, Nestlé UK will purchase 31MW of green power from the573MW Race Bank offshore wind farm, which is owned at 50% by Ørsted.
Nestlé UK and Ireland CEO Stefano Agostini said: “I’m incredibly proud that at Nestlé we are doing the right thing to play our part in reducing climate change.
“With our partnership with Ørsted, we are now able to cover 100 % of our electricity from wind power, another huge milestone in our efforts to become a sustainable business.”
Located on the north Norfolk coast and off the Lincolnshire coast, Race Bank is equipped with 91 Siemens Gamesa 6MW wind turbines.
The offshore wind farm was officially opened in June 2018 and can meet power requirements of more than half a million homes in the country.
The agreement between Ørsted and Nestlé UK is said to be the largest fixed-price corporate PPA in the UK.
