Kraft Heinz Inks Renewable Energy Deal

Kraft Heinz is committed to environmental stewardship and is actively seeking renewable energy opportunities around the world through utility-scale power purchase agreements (PPAs) and virtual power purchase agreements (VPPAs).

Photo Insert: This agreement is the most recent in the Company's series of renewable energy initiatives, which include a recent vPPA with Repsol in Spain and solar projects at three Kraft Heinz manufacturing sites in China.

The company recently signed a vPPA with BHE Renewables, a Berkshire Hathaway Energy company, for its business in the United States.

“In 2020, we committed to buy the majority of our electricity from renewable sources by 2025. This agreement with BHE Renewables helps put us on track to accomplish that aspiration and brings us one step closer to achieving net zero emissions by 2050,” said Kraft Heinz CEO and Board Chair Miguel Patricio.

This arrangement is intended to help Kraft Heinz meet its goal of obtaining the majority of its electricity from renewable sources by 2025 – a key emphasis area of the Company's net-zero emissions ambitions.

“As one of the world’s largest food and beverage companies, we are committed to contributing to global efforts to reduce the ongoing threat of climate change," Patricio added.

By the end of 2022, Kraft Heinz plans to purchase enough renewable energy from BHE Renewables to offset more than 15 percent of the energy usage at its U.S. manufacturing sites; and by the end of 2025, this amount is expected to increase to approximately 60 percent.

The renewable energy is planned to come from BHE Renewables’ 158-megawatt Gopher Creek wind farm in Scurry County, TX.

“Kraft Heinz has an ambitious goal to achieve net zero greenhouse gas emissions, and we look forward to working with them to meet their renewable energy needs,” said Steve Rowley, Vice President, Renewable Development and Energy Markets at BHE Renewables.

This agreement is the most recent in the Company's series of renewable energy initiatives, which include a recent vPPA with Repsol in Spain and solar projects at three Kraft Heinz manufacturing sites in China – Qingdao, Foshan, and Shanghai – that are expected to save approximately 2,000 tons of CO2 from entering the atmosphere each year over the next two decades.

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