Coca-Cola Inks Deal to Off-take Power from Renewables

  • Coca-Cola Europacific plans to buy power from the 214MW Aussie wind farm.

UK-based bottling company Coca-Cola Europacific Partners Plc has inked an eight-year deal with Australia’s Alinta Energy to purchase electricity from a 214-MW wind farm in Western Australia.

According to Alinta Energy, the power purchase agreement (PPA) covers the purchase of large-scale generation certificates and around 13,000 MWh of renewable electricity annually. The supplies will come from its co-owned Yandin wind farm, touted as the largest one in South Australia.

The project is anticipated to come into force on January 1, 2023. The contract aligns 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.

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