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Sat, Apr 13, 2024 09:03
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Sonae Arauco signs wind energy purchase agreement with ENGIE in Germany

Sonae Arauco has set itself the task of actively contributing to the sustainable transformation of the construction industry. The latest measure is a Wind Power Purchase Agreement (PPA) concluded for Germany with ENGIE, which comes into force on April 1.

A newly constructed German onshore wind farm in the Harz Mountains will supply the plants in Nettgau, Meppen and Kaisersesch with green energy. This is expected to cover around 15% of the consumption of the German Sonae Arauco plants. At its site in Beeskow, the company already produces its own energy from biomass. For the energy that ENGIE supplies to Sonae Arauco, the manufacturer receives certificates confirming that it is sourced from renewable energy sources.

"The decisive factor in our decision to purchase wind energy is our desire to reduce our CO2 emissions in the long term," says Dr. Steffen Körner, Managing Director of Sonae Arauco Deutschland GmbH. "The contract with ENGIE initially runs until the end of 2028, which gives us the opportunity to adjust our requirements at the end of the five years."

Sonae Arauco is committed to the sustainable development of its entire value chain in order to reduce its ecological footprint. The PPA with ENGIE is part of a series of initiatives planned for the company's various industrial sites. The investments in renewable energy will cover a significant proportion of the plants' energy needs and reduce dependence on energy from fossil fuels. These measures are in line with Sonae Arauco's decarbonization goals.

Sonae Arauco is one of the world's leading companies in the wood-based materials industry.

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