April 24 (Renewables Now) - US food company General Mills Inc (NYSE:GIS) has signed a virtual power purchase agreement (PPA) for 200 MW of electricity from a wind farm that will be built inTexas, it said on Tuesday.
The 15-year contract concerns the Maverick Creek scheme, being developed by Roaring Fork Wind LLC, a joint venture between UK-based Renewable Energy Systems (RES) and Steelhead Americas. The wind farm, to be located in Concho County, will produce renewable energy credits for General Mills, which, combined with an existing wind PPA, will cover the equivalent of its domestic facilities’ 100% electricity demand.
It is estimated that during the peak construction period, the project will open around 175 new jobs.
The virtual PPA supports General Mills’ goal to lower the carbon dioxide (CO2) emissions across its global value chain by 28% by 2025, the food manufacturer said.