MADRID, 27 Nov. (EUROPA PRESS) -

Statkraft has signed a long-term renewable electricity supply agreement (PPA) with Mondelez International for a duration of 11 years, starting January 1, 2025, from a solar park in Andalusia, reported the company.

Specifically, the Norwegian state energy company will supply the manufacturer of Oreo cookies or Milka chocolate with about 100 gigawatt hours (GWh) annually, production equivalent to the average consumption of almost 30,000 Spanish homes. To reach this agreement, Mondelez International has had the support of 3Degrees as a renewable energy advisor and facilitator.

Statkraft, which a few weeks ago reached an agreement to buy Enerfin, the renewable subsidiary Elecnor, for 1.8 billion euros, has in its portfolio a wind and solar capacity of 1.8 gigawatts (GW) in the Iberian Peninsula.

The vice president of Origination for Southern Europe at Statkraft, Simon Kornek, was "very satisfied" at being able to contribute to the decarbonization strategy of Mondelez International, with which it is the first agreement for the food industry in Spain in the energy sector.

"With supply agreements like the one we have signed, we fulfill a double objective: to help reduce greenhouse gas emissions and to provide key industries with stable and predictable electricity prices," he said.

For his part, the senior vice president of Supply Chain at Mondelez Europe, Mark Dady, highlighted this agreement with Statkraft for the development of renewable energies in Spain. "Mondelez continues to transform the way we do business in our manufacturing operations, and collaborations like this are vital to supporting our carbon reduction goals and building a more sustainable snacks company," he explained.