Enel, through its US-based renewable company Enel Green Power North America ("EGPNA"), signed a 12-year power purchase agreement (PPA) Mondelēz International ("Mondelēz") under which the latter will purchase the energy delivered to the electricity grid from a 65MW portion of EGPNA's Roadrunner solar photovoltaic (PV) project in Texas.
"The PPA with Mondelēz reaffirms Enel Green Power's role as the partner of choice for corporate customers and shows that a wide range of industrial players are getting on board with the energy transition, understanding that renewables are not only a sustainable but also a cost-effective source of energy," said Antonio Cammisecra, Head of Enel Green Power. "By leveraging on our international expertise and technological leadership, we are able to tailor solutions to our customers' needs, helping them to reach their sustainability and business objectives."
The energy supplied by EGPNA's Roadrunner PV project is enough to produce over 50% of all the Oreos consumed in the US annually, equivalent to around 10 billion cookies, and will reduce Mondelēz International's annual CO2 emissions by 80,000 metric tons. The agreement is Mondelēz International's largest renewable energy partnership at global level and their first renewable energy PPA signed in the US. Moreover, it enables the food and beverage company to make substantial progress against the company's new 2025 Impact Goals which provide a clear roadmap to reduce the company's environmental footprint.
Roadrunner, which is currently being built in Upton County, Texas, will have a total capacity of 497MW and, once completed, will be able to generate approximately 1.2 TWh annually, while avoiding the emission of over 800,000 tons of CO2 per year. The first phase of Roadrunner has a capacity of 252MW and is expected to be completed by the end of 2019; the second 245MW phase is expected to be completed the following year.