AMP-Europe renewable energy
PPA with BNZ
LUXEMBOURG, Oct. 16,
2024 /PRNewswire/ -- Ardagh Metal
Packaging-Europe (AMP-Europe), an operating business of Ardagh
Group, signed a virtual Power Purchase Agreement (vPPA) with BNZ in
Portugal. This latest vPPA will
commence in 2026 for 12 years and secure 146 GWh p.a. of renewable
electricity certificates that is expected to offset approximately
50% of AMP-Europe's continental energy consumption. Schneider
Electric, a leading adviser in corporate renewable energy
procurement and carbon management, supported AMP-Europe in the
project selection and vPPA negotiation.
This latest vPPA for AMP-Europe follows on from the solar energy
agreement secured in Germany
earlier this year with Sunnic Lighthouse GmbH. AMP-Europe will plan to continue to work with
Schneider Electric on additional PPAs to enable AMP-Europe to meet
its target of 100% renewable electricity by 2030.
David Spratt, CEO AMP-Europe
said: "We are delighted to partner with organisations like BNZ that
share our commitment to accelerating a clean energy transition.
This vPPA marks a significant milestone in the expansion of our
vPPA portfolio in Europe and is a
major step towards AMP's CO2 reduction and renewable
electricity goals."
Luis Selva, Managing Director of
BNZ, said: "Our collaboration with AMP-Europe demonstrates how a
strategic alliance can have a significant positive impact for all
parties involved. This vPPA not only strengthens our presence in
Portugal, one of our key markets,
but also contributes to our shared commitment with AMP-Europe to
promote decarbonisation and move towards a more sustainable
future."
"Making renewable energy more accessible to every organisation
is a crucial part of meeting global emissions targets," said
John Powers, Schneider Electric. "We
thank AMP-Europe for their concerted efforts toward this endeavor.
It has been a pleasure to collaborate along shared values and the
promise of a sustainable future."
For more information About AMP's sustainability journey, click
here.
Notes to the editor
Ardagh Metal Packaging (AMP) is a leading
global supplier of infinitely recyclable, sustainable, metal
beverage cans and ends to brand owners. A subsidiary of sustainable
packaging business Ardagh Group, AMP is a leading industry player
across Europe and the Americas
with innovative production capabilities. AMP operates 23 production
facilities in Europe and the
Americas, has approximately 6,300 employees and recorded revenues
of $4.8 billion in 2023.
BNZ is an independent power producer (IPP) that designs,
builds and operates solar PV projects, and has a portfolio of over
1.7 GW of European solar investments under development between
Italy, Portugal and Spain with a clear objective: 100% renewable
energy production to help our economy achieve a greener future. BNZ
is a leader in the energy transition and is committed to the
environmental and social progress of the local communities where
the company installs its plants. Each of its projects is
scrupulously designed to ensure that it goes one step further in
ESG policies and in supporting biodiversity, acting ethically in
all aspects of BNZ's business.
For more information, please visit: https://www.bnz.energy/
About Schneider Electric.
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SOURCE Ardagh Metal Packaging S.A.