CAMDEN, NJ — Campbell Soup Company and clean energy provider Enel North America have announced a 12-year virtual renewable power purchase agreement to support Campbell’s goals of reducing greenhouse gas emissions.
Through this agreement, which is expected to commence in July 2023, Campbell will purchase electricity and associated renewable energy credits from a 115 megawatt share of Enel’s Oklahoma-based Seven Cowboy wind project.
“Improving the sustainability of the agriculture and food value chain is important to Campbell,” said Stewart Lindsay, VP of corporate responsibility and sustainability for Campbell. “Reducing emissions is a key part of this work, and the agreement with Enel North America provides a significant step forward in meeting our science-based emissions targets.”
The renewable energy credits are set to reduce Campbell’s Scope 2 GHG emissions. This will allow the company to make substantial progress toward achieving its target to diminish its combined Scope 1 and 2 GHG emissions 42% by fiscal year 2030.
Renewable The renewable electricity from the expected production of Campbell’s portion of the wind project is estimated to avoid nearly 191,000 metric tons of CO2 emissions every year, the equivalent of approximately 29% of Campbell’s fiscal year 2021 Scope 1 and 2 emissions.
“We are proud to support Campbell’s goal to create a more sustainable food system,” said Paolo Romanacci, head of Enel Green Power, Enel North America’s renewable energy business. “This agreement demonstrates how food and beverage companies like Campbell can leverage clean energy solutions to achieve their emissions reduction goals, while also supporting the addition of new renewable energy to the electric grid.”
The Seven Cowboy wind project, located in southwest Oklahoma City, OK, will have 107 turbines that are projected to generate over 1.3 terawatt hours of energy each year.
