Smithfield Renewables, a subsidiary of the world's biggest pork processor, Smithfield Foods, has signed a 12-year, 75 MW power purchase agreement (PPA) with Allete Clean Energy. The deal will see US's 300 MW Diamond Spring wind farm supply Smithfield with more than 15% of its total Oklahoma energy needs. Construction should begin in late 2019 or early 2020. The agreement is in line with the food firm's 2016 pledge to reduce greenhouse gas emissions by a quarter by 2025. Allete has similar PPAs with Walmart and Starbucks.
Smithfield Renewables, a subsidiary of the world's biggest pork processor, Smithfield Foods, has signed a 12-year, 75 MW power purchase agreement (PPA) with Allete Clean Energy. The deal will see Oklahoma's 300 MW Diamond Spring wind farm supply Smithfield with more than 15% of its total US energy needs. Construction should begin in late 2019 or early 2020. The agreement is in line with the food firm's 2016 pledge to reduce greenhouse gas emissions by a quarter by 2025. Allete has similar PPAs with Walmart and Starbucks.