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  2. Ardagh Glass Packaging-Europe unveils its largest renewable energy Power Purchase Agreement (PPA) after securing deal with Renewable Power Capital

Ardagh Glass Packaging-Europe unveils its largest renewable energy Power Purchase Agreement (PPA) after securing deal with Renewable Power Capital

Profile picture for user Komal Sharma
By Komal Sharma on Thu, 02/01/2024 - 12:44

Ardagh Glass Packaging-Europe (AGP-Europe), an operating business of Ardagh Group, announced today that it has entered a 10-year renewable energy Power Purchase Agreement (PPA) with Renewable Power Capital (RPC) newly-built 161MW Vitberget wind project in Sweden.

Schneider Electric, the leading adviser in corporate renewable energy procurement and carbon management, supported Ardagh in the project selection and PPA negotiation.

The PPA is for 100% of Vitberget’s capacity and is planned to start in 2026 once operations begin. This agreement will cover approximately 40% of AGP-Europe’s power load, offsetting Ardagh’s Scope 2 greenhouse gas (GHG) emissions. Renewable energy is a key target in Ardagh’s sustainability strategy. This new PPA is an incremental step toward meeting Ardagh’s 2030 goal of transitioning to 100% renewable electricity, as well as a fundamental step toward achieving its 2030 Science Based Targets initiative CO2 reduction.

Vitberget is part of RPC’s 553MW cluster of four wind farms in the Kramfors and Sollefteå municipalities. This PPA follows RPC’s announcement early this month that it has ordered 80 Nordex turbines for these wind farms, confirming its commitment to the Swedish wind sector. This PPA, coupled with the recent order of the Nordex turbines, reinforces RPC's dedication to advancing the Swedish land-based wind sector further contributing to the decarbonisation of European industries.

Ardagh​​ Group
https://www.ardaghgroup.com/press-releases
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