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Nestlé UK to buy output from Ørsted’s Race Bank offshore wind farm

Arnes BiogradlijaBy Arnes Biogradlija27/04/20202 Mins Read
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Nestlé UK has signed a 15-year power purchase agreement to buy the output of 31 MW from Ørsted’s Race Bank offshore wind farm.

Nestlé UK will start purchasing 125GWh of green power per year from 1 May 2020 to cover 50 percent of Nestlé UK’s power consumption. The deal, along with the current PPAs of Nestlé UK, means that all consumption of Nestlé UK is protected by certified renewable energy PPAs.

“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.”

Stefano Agostini, CEO for Nestlé UK and Ireland.

“We’re very happy to enter into this long-term agreement with Nestlé and support them to achieve their sustainability ambitions. Large corporations are increasingly taking climate action by sourcing green power, thereby making important contributions to the demand for renewable energy. Today’s announcement with Nestlé UK demonstrates offshore wind’s attractiveness as a reliable, large-scale source of green power and underlines Ørsted’s ambition to continue to be a leader within corporate PPAs for offshore wind.”

Rasmus Errboe, senior VP and responsible for corporate PPAs at Ørsted Offshore.
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