Huhtamaki signs a Virtual Power Purchase Agreement in the United States, covering 30% of its electricity usage in North America
Huhtamaki, a key global provider of sustainable packaging solutions, has signed a 12-year Virtual Power Purchase Agreement (VPPA) with a subsidiary of NextEra Energy Resources, LLC. NextEra Energy Resources is the world’s largest generator of renewable energy from the wind and sun. The 42-megawatt agreement for renewable energy covers approximately 30% of Huhtamaki operations’ current electricity demands in the United States and Mexico, where the company has 18 manufacturing units. “We believe in protecting food, people and the planet. This agreement marks an important milestone on our journey towards delivering on our ambitious 2030 sustainability agenda. The agreement builds on the European VPPA agreement announced late in 2021, which covers 80% of our European electricity usage”, says Thomas Guest, Deputy CEO of Huhtamaki. The renewable energy covered by the agreement will be sourced from a subsidiary of NextEra Energy Resources’ Inertia Wind Energy Center in the Electricity Reliability Council of Texas (ERCOT) North Zone, in Texas. The approximately 300-megawatt project is expected to be operational by the end of 2022 and to save more than 71,000 tons of CO2 emissions annually, equivalent to the average electricity usage of more than 12,000 homes in the United States.*