Clean, Renewable Energy: Wind power is a clean and renewable energy source, contributing to the reduction of greenhouse gas emissions and mitigating climate change. By harnessing the power of the wind, we can make a significant difference in creating a sustainable future for generations to come.

Supporting Corporate Sustainability: Large corporations consume substantial amounts of energy, and embracing wind energy is a crucial step towards their sustainability goals. With our CPPAs, we facilitate the partnership between wind generators and corporates, enabling them to access reliable, renewable power and reduce their carbon footprint.

Driving the Energy Transition: As the demand for clean energy grows, the adoption of CPPAs becomes increasingly important. By signing short and long-term agreements with wind generators, businesses contribute to the growth of the renewable energy sector, drive innovation, and accelerate the transition to a greener economy.

Global Impact, Local Benefits: Wind energy is a global solution that brings local benefits. By investing in wind projects, we not only support the production of clean electricity but also create local jobs, boost economic growth, and enhance energy security in communities around the world.

Advancing Technological Innovation: Wind power has come a long way in terms of technological advancements, making it a reliable and cost-effective energy source. Through our partnerships with wind generators, we actively contribute to the development and deployment of cutting-edge technologies that enhance the efficiency and effectiveness of wind energy systems.

Collaborative Partnerships: Our CPPAs serve as a bridge, connecting the goals of wind generators and corporate energy consumers. By fostering collaboration between these stakeholders, we create mutually beneficial relationships that drive sustainable development, promote environmental stewardship, and address the pressing challenges of climate change.

On this Global Wind Day, let’s recognise the immense potential of wind energy and the positive impact it has on our planet. Together, we can embrace renewable energy solutions, inspire change, and build a cleaner, more sustainable future. Join us in celebrating Global Wind Day and making a difference through the power of wind energy!

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The first multi-buyer Corporate Power Purchase Agreement in Ireland

• This CPPA will meet 50% of Medtronic’s electric annual requirements for our Ireland sites
• The renewable electricity is to be sourced locally from a Windfarm situated just 30 minutes from Medtronic
• This deal addresses the operational carbon scope 2 emissions of Medtronic’s electricity consumption with an identifiable wind farm and is a vital part of Medtronic’s published decarbonisation roadmap²

The new CPPA was completed with Shane Cannon and his energy management team at Medtronic along with the support of Medtronic’s energy management consultant, NUS Consulting Group. It will meet 50% of Medtronic’s annual electricity requirement for its Ireland sites and support its sustainability ambitions. The renewable electricity will be sourced locally from a Windfarm just 30 minutes from Medtronic. Guarantees of Origin (GoOs) realised from the arrangement will be retired in Medtronic’s name to support its scope 2 emissions reporting.

Demand for renewable CPPAs will grow rapidly in Ireland over the next few years as companies look to reduce their carbon footprint and seek budget certainty given the last 12 months of extremely volatile energy prices. CPPAs are typically signed over long periods, guaranteeing both the renewable generator and corporate consumers a fixed electricity price and hedging against market risks. Flogas Enterprise identified the buyers and sellers and brought all parties together to develop a CPPA structure that works for all. The customers were bundled by Flogas Enterprise, meaning they could partner with a wind farm they otherwise could not have partnered with due to scale.

Sam Osborne of Flogas Enterprise spoke of the announcement: “At Flogas Enterprise, we are strategically focused on bringing our customers to the market as buyers of renewable power. We have over 10 years of experience in the Irish renewables market, which means we can identify and deliver relevant renewable opportunities for our customers that will best suit their sustainable requirements.  We are pleased to announce this new CPPA with Medtronic and look forward to working in tandem with them and supporting them on their sustainability journey”.

Anita Tuch, Vice President, Facilities, Risk and Environmental Health and Safety at Medtronic, said: “We look forward to working with Flogas Enterprise. Renewable electricity is a vital pillar in our commitment to sustainability, and this momentous occasion marks a significant milestone. The guarantees of origin realised from the arrangement will also be utilised to support our Scope 2 emissions reporting”.

Sarah Turner, Senior Project Manager at NUS Consulting Group, said: “Extreme price volatility in European markets has led many organisations to consider alternative purchasing options, including Corporate Power Purchase Agreements that offer price stability while supporting corporate sustainability initiatives. NUS Consulting Group is pleased to support Medtronic on this initiative and is developing similar opportunities for clients elsewhere in Europe and around the globe”.

James Temple, Renewables Manager at Flogas Enterprise, said: “We are delighted to support our valued customers by providing them access to the renewable market as a buyer of renewable power. We have defined a CPPA structure that seamlessly connects our corporate energy customers and renewable energy off-take business.  There are several options for corporates to secure a CPPA; this CPPA with Medtronic is a Physical Sleeved CPPA.  CPPAs provide green energy to our customers while diversifying renewable developers’ route to market options.”

Flogas Enterprise is a leading supplier in the market bringing CPPA options to customers and can offer expert advice and help to businesses who want to make the switch. To speak with one of their expert advisors, call 01 884 9400 or email ppa@flogasenterprise.ie.

Featured in the Irish Examiner.

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Britvic is the first soft drinks brand in Ireland to sign a CPPA which will allow the company to purchase renewable electricity directly from the Sonnagh Old Wind Farm in Moneylea Co. Galway, producing enough electricity on an annual basis to power their production facility in Newcastle West Co. Limerick and 75% of the company’s total electricity requirements. Newcastle West is the home of Ballygowan Natural Mineral Water,  and has the highest level of renewable energy use by any Britvic factory worldwide.

A Corporate Power Purchase Agreement, or CPPA, is a situation whereby a company purchases  electricity directly from a wind farm or solar farm. Demand for renewable CPPAs is growing exponentially in Ireland as companies are looking to reduce their carbon footprint, seek budget certainty in a volatile energy market and avoid greenwashing claims.

The CPPA builds on the achievement of 72% reduction in direct emissions for Britvic Ireland and is reflective of an ever-increasing focus on sustainability at Britvic Ireland across operations and at executive level. Britvic Ireland has recently appointed Sian Young as Director of Sustainable Business on the Irish Executive Team, and Orlagh Geraghty as Head of Planet, putting Sustainability at the heart of decision making.

Sian Young, Director of Sustainable Business at Britvic Ireland said: “Ballygowan, Ireland’s iconic water brand, has a long history of harnessing the best of Ireland’s natural resources to deliver sustainable, locally produced, Irish natural mineral water. This new Corporate Power Purchase Agreement with Flogas Enterprise, valued at €2.5 million, will produce renewable electricity for our production facility in Newcastle West and is a significant investment in our long-term strategy to ensure 100% sustainability across Britvic Ireland’s business operations.”

Charlie Bornemann of Flogas Enterprise spoke of the announcement, saying: “At Flogas Enterprise, one of our top priorities is to support businesses on their paths to sustainability. We have a proven track record of delivering great value and high quality energy solutions which help organisations become more environmentally conscious, and we are very excited to work with Britvic Ireland and support them cut their energy carbon emissions through this CPPA”.

Part of DCC plc, Flogas Enterprise is the division of the Flogas group that works with industrial and commercial customers and renewable production facilities and is a leading electricity supplier in the Irish market bringing CPPA options to customers. This is the latest example of a DCC business leading their customers to net zero with renewable energy.

Britvic Ireland is a leading soft drinks company, and their portfolio includes iconic Irish brands like Ballygowan, MiWadi, Pepsi, Club and TK.

Covered by Business Plus Magazine

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• CPPA Ready is a program that will educate users about the implementation of CPPAs
• Purpose is to help deliver a full CPPA solution while guiding them every step on the way to purchasing renewable electricity directly from a renewable facility.
• This service will support Flogas Enterprise customers on their net zero journey.
• Flogas Enterprise are the only company in Ireland currently offering this service.

Flogas Enterprise (formerly Naturgy Ireland) has unveiled a brand new CPPA (Corporate Power Purchase Agreement) product, called “CPPA Ready”. A CPPA is a long-term contract under which a business agrees to purchase electricity directly from an energy generator.

CPPA Ready is a complete end-to-end program that starts by bringing users on the first steps of the CPPA journey, educating them about CPPAs. Then it guides users along every step of the way to helping them purchase renewable electricity directly from a renewable generation project and delivering the final CPPA solution.

Flogas Enterprise have been procuring renewable power through PPAs for more than 10 years in Ireland. The future of energy now lies in corporates entering their own CPPAs and Corporate Biomethane Purchase Agreements. Through the CPPA product, Flogas Enterprise will bring their expertise to customers to help them unlock the future of energy procurement with meaningful impact on the decarbonisation of energy supplies.

Speaking of the announcement, James Temple, Renewables Manager of Flogas Enterprise said: “We’re very excited to announce our new CPPA Ready program. One of our core missions here at Flogas Enterprise is to encourage a movement towards the decarbonisation of energy supplies. We also want to provide renewable developers with a route to corporate offtakers. This program will ultimately educate users about CPPAs, empower them to make positive changes regarding their energy consumption and deliver a full CPPA solution. We are the only company in Ireland offering an end-to-end fully packaged CPPA service at present and we look forward to seeing the positive impact that it will have on our customers.”

In December 2021, Naturgy Ireland rebranded as Flogas Enterprise after the successful acquisition by Flogas. It has long been a leading supplier of renewable electricity, natural gas and energy services to large energy users across Ireland, Northern Ireland and the UK, with a share of almost 17% of the industrial and commercial natural gas market. Business customers and large energy users can also be provided with renewable gas under the Flogas Enterprise brand.

Flogas Enterprise supplies natural gas, renewable electricity, compressed natural gas and more recently, a range of energy services that include Lighting-as-a-Service, Solar PV and corporate PPAs. For more information contact ppa@flogas.ie

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