Enel Green Power signs hydro PPA with Coca-Cola bottlers in Guatemala

Author: grendelkhan. License: Creative Commons, Attribution-ShareAlike 2.0 Generic.

February 28 (Renewables Now) - Enel Green Power Guatemala (EGPG) has inked a power purchase agreement (PPA) to supply 28.6 GWh per year of hydropower to the three local bottlers of The Coca-Cola Co (NYSE:KO) over the next two years.

The counterparties to the contract are Coca-Cola ABASA, Coca-Cola FEMSA and Coca-Cola Los Volcanes, EGPG announced on Friday. The customers will be able to offset 92,211 tonnes of carbon dioxide (CO2) emissions during the two-year period. The renewable energy delivered will also be certified with International Renewable Energy Certificates (I-RECs).

Subscribe for Renewables Now's Corporate PPA Newsletter here for free!

The bottlers of Coca-Cola brand products will receive the contracted energy from EGPG's hydropower plants (HPPs) in Guatemala, which have 164 MW of combined capacity. They are located in three departments: the 12-MW Matanzas and 4-MW San Isidro are located in Baja Verapaz, the 47-MW El Canada and 13-MW Montecristo in Quetzaltenango and the 87-MW Palo Viejo in Quiche.

More stories to explore
Share this story
Tags
 
About the author
Browse all articles from Lucas Morais

Lucas is based in Brazil. He joined Renewables Now to expand coverage of the Ibero-American market, a highly attractive destination for green energy investment.

More articles by the author
5 / 5 free articles left this month
Get 5 more for free Sign up for Basic subscription
Get full access Sign up for Premium subscription
\