Company’s largest wind power agreement and second in two years. Therefore advancing clean energy leadership!
MINNEAPOLIS, April 23, 2019/PRNewswire/ — General Mills (GM) has taken one of the biggest steps thus far. Especially toward its climate goal. Because they signed a virtual 15-year power purchase agreement with Roaring Fork Wind, LLC. Roaring is a joint venture partnership between RES (Renewable Energy Systems) and Steelhead Americas. It’s for 200 megawatts (MW) of its Maverick Creek wind project.
The wind project, in central Texas will produce renewable energy credits for General Mills. Credits that together with the company’s previous wind power agreement, calculated to equal 100 percent of the electricity used annually. That’s also all the company’s owned domestic facilities. During the peak of construction, projected creating 175 jobs in the clean energy workforce.
Finally, Maverick Creek is just 10 miles from Cactus Flats, the wind project in General Mills’ first wind energy purchase agreement. In conclusion, the project is in a particularly favorable wind area in central which is the leading state in the U.S. for wind energy production. That’s with over 24,899 MW of installed capacity in that state alone.
Finally, General Mills’ commitment to purchase green power from Roaring Fork will help to finance constructing the Maverick Creek wind project being developed in by RES and Steelhead Americas. The project’s renewable energy credits can be applied toward General Mills’ greenhouse gas emission reduction goals. Also it enables the company to cut its Scope 2 emissions. All as a result of its target of sustainable emission levels. That’s across its global value chain by 2050.
Through 2018, General Mills has reduced the greenhouse gas emissions of its extended value chain. Reducing number by 13 percent compared to its 2010 baseline.
So more importantly, the U.S. wind industry employs 102,500 workers across 50 states. That figure continues to rise annually. Especially with the number of people employed by wind. All expected to top 248,000 by 2020. According to Navigant Consulting, the wind industry expecting to deliver over in economic activity. Yes folks, during the same period.
GM also listed on the 2018 Dow Jones Sustainability Index. Also the 2018 CDP Climate A- List and Newsweek Green Rankings (#34). For more information on General Mills’ climate commitment. Please visit its 2019 Global Responsibility Report and the Taste of General Mills blog.
SOURCE General Mills, RES, Apr 23, 2019, 07:00 ET