The new agreement will see Nike facilities in Europe supplied by 40 MW of clean electricity from the Cavar wind complex in Navarra, northern Spain. Iberdrola soon begin construction on the complex which will see four projects completed by 2020 with an overall capacity of 111 MW. “All athletes need fresh air and clean water to thrive. Delivering on our sustainability commitments, like working towards 100 percent renewable energy across our owned and operated facilities worldwide, is just one of the ways we protect the future of sport,” said Noel Kinder, Nike Chief Sustainability Officer. “In 2018, we announced that we had contracted for 100 percent renewable energy in North America, and this latest agreement means we will be operating on 100 percent renewable energy across Europe by 2020.” In the US, the deals between Nike and Avangrid Renewables (a subsidiary of Iberdrola) include 100 MW of wind power supplied from the Karankawa Wind Farm in Texas. Additionally, a service for Nike's Global HQ in Oregon delivers renewable supply from the nearby Leaning Juniper and Juniper Canyon wind facilities, with an equivalent capacity of 69 MW. This capacity will enable Nike to source 100 percent renewable energy across their owned or operated facilities in North America. Commenting on the agreement, Xabier Viteri, Director of Renewables at Iberdrola, said, “Large businesses with a focus on sustainability are showing that they can be a positive force in tackling climate change. More and more we are seeing companies set themselves tough carbon reduction goals, and Nike is showing leadership in taking action to deliver on those goals.”
Iberdrola and Nike have signed their third power purchase agreement (PPA) for wind energy, marking the companies' first collaboration in Europe. The PPA is a joint venture between Iberdrola, which owns about 30 percent of Iberdrola's shares, and Nike, which has an option to buy up to 20 percent. Nike will get 40 MW in clean electricity from Iberdrola's 111 MW Cavar installation in northern Spain. The deal takes the companies' joint commitments to over 200 MW in total capacity, with the Cavar facility set to be operational by 2020.