(CercleFinance.com) – Kraft Heinz announces a 12-year virtual power purchase agreement with Repsol, its first investment in wind energy, with the aim of obtaining the majority of its electricity from renewable sources from 2025.
It is expected to source more than 90 gigawatt hours/year of renewable energy from Repsol’s largest wind project, Delta II (Spain), which is equivalent to powering around 90% of Kraft Heinz’s European manufacturing sites.
The food group, which operates the Milka, LU and Cadbury brands among others, adds that the deal is expected to generate enough renewable electricity to power around 25,000 average EU households a year at its peak.
Kraft Heinz announced its goal of achieving net zero greenhouse gas emissions across its entire operational footprint (Scope 1 and Scope 2) and across its entire global supply chain (Scope 3) d 2050.
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