The UK subsidiary of the world’s largest food and beverage company, Nestlé, has signed a 15-year indexed fixed price agreement with Ørsted, the world leader in offshore wind, to buy green power from the Race Bank Offshore Wind Farm. Nestlé UK will buy the output of 31MW of the offshore wind farm’s 573MW total capacity, making it Ørsted’s largest fixed-price corporate power purchase agreement (PPA) in the UK. From 1 May 2020, Nestlé UK will start purchasing 125GWh of green power per year to cover 50 % of Nestlé UK…
Read MoreØrsted and Nestlé sign 15-year offshore wind power purchase agreement
