In Europe, through a Renewable Electricity Buyer Consortium, Cargill and Mars have executed a virtual power purchase agreements (VPPAs) with Ocean Breeze Energy, owner and operator of the Bard Offshore Wind Farm located off the coast of Germany.
Over the term of this agreement, Cargill’s portion of the project averages 35 megawatts of capacity and is anticipated to produce 712,000 megawatt hours of clean electricity, avoiding GHG emissions of 442,000 metric tons CO2e.
In addition, Cargill has signed long-term contracts in the U.S., Brazil, and Europe, increasing the company’s renewable electricity capacity by 42% since early 2023, expanding the total portfolio to 716 megawatts.
