MINNEAPOLIS — General Mills, Inc. has signed a 15-year power purchase agreement with Renewable Energy Systems (RES) for 100 megawatts of its Cactus Flats wind project. General Mills said the wind project will produce renewable energy credits that may be applied toward the company’s greenhouse gas emission reduction goals.
|John Church, executive vice-president of supply chain at General Mills|
“As we help mitigate the impacts of climate change, investing in wind energy is the right thing to do,” said John Church, executive vice-president of supply chain at General Mills. “This investment is another step toward reducing our energy footprint and achieving sustainable emission levels — in line with scientific consensus — by 2050.”General Mills said its investment will be used to help fund the construction of the 150-megawatt Cactus Flats wind project being developed in Concho County, Texas, by RES. The project’s renewable energy credits will enable General Mills to reduce its Scope 2 emissions as part of its target of sustainable emission levels across its global value chain by 2050. In 2016, General Mills reduced the greenhouse gas emissions of its extended value chain by 2% versus 2015, the company noted.