Berry Global Group Inc. has announced the signature of a long-term power purchase agreement (PPA) with Axpo Iberia as part of its sustainability strategy in Spain, with an investment in renewable energy equivalent to the company’s operations in the country. By signing a PPA with Axpo for a new 50 MW plant that will form part of the Trillo project, Berry thereby strengthens the local renewable energy infrastructure. With a total output of 626 MW and developed by Solaria Energía y Medioambiente, S.A., this will be Europe’s largest PV plant.
As part of its sustainability strategy, Impact 2025, Berry undertakes to minimise its total Scope 1 and Scope 2 emissions by 25% to 2025, compared to 2019. This target is in line with the Paris Agreement to limit global warming to 1.5°C, based on the objectives of its Science Based Targets initiative adopted early this year. Renewable energy projects form part of a priority strategy to support the operational objectives, while additionally investing in bringing down total energy demand. The investment of this PPA will support the construction of a solar farm in Guadalajara, which will largely reduce the company’s carbon footprint in Spain, with an approximate reduction of 20,000 tonnes per year.
The beneficiary installations of this agreement are in Tarragona, Madrid, Pamplona, La Cañiza, as well as two in Barcelona. Tarragona is the most important, representing 70% of Berry’s energy consumption in Spain. The far-reaching impact of this initiative is determined by agreements that cover the entire value chain, including the PPA operation chosen by Berry with Axpo Iberia, one of the leading companies in renewable energy on the Iberian Peninsula.
“This agreement to produce renewable energy is one of the many steps being taken by Berry Global to reduce the carbon emissions of our operations”, commented Rodgers Greenawalt, Executive Vice President of Operations at Berry Global. “By taking steps to reduce our greenhouse gas emissions, we will also reduce the Scope 3 emissions of our clients“, he added.
Ignacio Soneira, Managing Director of Axpo Iberia, highlighted the benefits of this operation for both parties: “Following signature of the agreement, Berry Global continues to progress in its sustainability strategy, guaranteeing a fixed price over a period of 10 years; and Axpo Iberia is strengthening its long-term position yet further as a competitive partner of confidence”.
Axpo Iberia continues its strategy to support the development of renewable energies, offering its clients a wide range of solutions for long-term energy management, which adapt to the different needs and circumstances of the market. This has allowed it to consolidate in the sector, with over 7 TWh of energy in long-term contracts negotiated since early 2021.