Enel North America Signs Power Purchase Agreement with Tate & Lyle for Texas Wind
Enel North America, a clean energy leader, has signed a 12-year power purchase agreement (PPA) with Tate & Lyle PLC (Tate & Lyle), a world leader in ingredient solutions for healthier food and beverages. Enel will deliver approximately 256,000 megawatt hours of renewable electricity and renewable energy credits (RECs) from the Ranchland wind farm in Texas, enabling Tate & Lyle to achieve its target of 100% of the purchased electricity for its North American operations coming from renewable sources.
“Across industries, corporates are turning to Enel North America to deliver the clean energy they need to achieve their sustainability goals,” said Stephen Pike, head of Enel North America’s renewable energy business, Enel Green Power North America. “Through this PPA, Tate & Lyle is not only making a significant stride toward reducing their carbon footprint, but they are also part of a broader movement by the business community to enable North America’s transition to clean energy. We’re grateful for Tate & Lyle’s partnership and congratulate them for reaching their renewable energy target.”
Enel North America is the fourth-largest owner of clean power capacity in the United States. Located in Callahan and Eastland counties, Ranchland is a two-phase, 263-megawatt wind farm paired with an 87-megawatt battery storage system. The plant generates enough clean energy each year to avoid the emission of over 363,000 metric tons of CO2.1
“This agreement represents a major step forward in delivering on our ambitious science-based climate targets, as well as a significant acceleration in the decarbonization of our operations as we work towards becoming a net zero business,” said Nick Hampton, chief executive of Tate & Lyle. “Through this agreement, we will be able to significantly reduce the carbon footprint of our ingredients and support our customers to achieve their decarbonization goals.”
The agreement is part of Tate & Lyle’s broader sustainability program which includes initiatives to reduce energy consumption, increase the use of renewable electricity and support sustainable agriculture. Tate & Lyle’s climate targets are in line with a 1.5°C trajectory and have been approved by the Science Based Targets initiative.
Enel North America | enelnorthamerica.com