Coca-Cola Europacific to off-take power from 214-MW Aussie wind farm
Vestas turbines at Australia's Macarthur wind farm. Courtesy of Vestas Wind Systems A/S.
UK-based bottling company Coca-Cola Europacific Partners Plc (NASDAQ:CCEP) has clinched an eight-year deal with Australia’s Alinta Energy to procure electricity from a 214-MW wind farm in Western Australia.
The power purchase agreement (PPA) covers the purchase of large-scale generation certificates and around 13,000 MWh of renewable electricity annually, Alinta Energy said on Tuesday. The supplies will come from its co-owned Yandin wind farm, touted as the largest one in South Australia.
Planned to come into force on January 1, 2023, the contract is aligned with the beverage products maker and distributor’s goal to use 100% renewable power for its operations by 2025 and become net-zero by 2040.
Located near Dandaragan, 175 kilometres noth of Perth, the Yandin wind park was brought online in May last year. It is owned by RATCH-Australia Corp, a unit of Thailand’s RATCH Group PCL (BKK:RATCH), and Alinta Energy. RATCH-Australia joined Alinta as an investor, taking a 70% stake in the project in 2019.
Coca-Cola Europacific Partners was formed in 2021 by Coca-Cola European Partners’ acquisition of Australian bottling company Coca-Cola Amatil. Just prior to its acquisition, the latter announced a commitment to switch to 100% renewables.
Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.