Nestlé Australia signs PPA with CWP Renewables

Wind turbines against rolling hills (Nestle)

Food and beverage manufacturer Nestlé Australia has made the switch to 100 per cent renewable electricity, entering into a power purchase agreement (PPA) with CWP Renewables.

The PPA will source clean electricity from CWP Renewables’ Sapphire and Crudine Ridge wind farms in NSW.

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The 10-year agreement covers all of the electricity used across Nestlé’s sites each year. This includes six factories, two distribution centres, three corporate offices, 20 retail boutiques, and laboratory.

Nestlé Oceania CEO Sandra Martinez said, “Achieving our sustainability commitments as we progress towards 2050 can’t wait—and neither can we. I am proud that we’ve been able to accelerate switching to 100 per cent renewable electricity for our sites, but there’s still more to be done. This is one more step on our roadmap.

“This means that when Aussies are enjoying Nestlé products made in our Australian factories, they can do so knowing that it is made by electricity that has been renewably sourced.”

CWP Renewables CEO Jason Willoughby said, “I commend Nestlé Australia for leading the way in the transition to 100 per cent renewable electricity. We’re proud to be able to meet all their clean electricity needs in Australia.

“Through this PPA, Nestlé will also be supporting critical regional investment, with our Crudine and Sapphire wind farms providing around 20 local operations jobs, plus more across maintenance, and around $8.55M in community benefit funding throughout the life of the farms.”

The PPA is the equivalent of enough electricity to power 19,000 households annually and will see the company avoid around 73,000 tonnes of carbon emissions each year.

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CWP Renewables has PPAs in place with a wide range of corporate customers including Woolworths Group, the ACT Government, Meridian Energy, Sydney Airport, Commonwealth Bank, Snowy Hydro and Transurban.

Through energy retailer Flow Power, it also supplies the likes of Sydney Opera House, City of Sydney, City of Newcastle, and Molycop.