Global sportswear brand Nike has signed their third Power Purchase Agreement (PPA) in three years with Spanish energy firm Iberdrola. The deal will see the US brand's European facilities receive an annual supply of 40 MW of electricity from the Cavar wind farm complex in Navarre, northern Spain.
The 111 MW Iberdrola project, comprising of four wind farms, is set for completion by 2020.
Image: lberdrola
Iberdrola Renewables director Xabier Viteri 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.
“The additional renewable energy that we are building to secure PPA agreements not only directly benefits the sustainable partners we are working with, it also benefits wider communities by increasing the amount of emission-free electricity being generated.
“There is a strong market in Europe for renewable PPA deals, and we anticipate securing further agreements in a number of countries in the months ahead.”
This deal now takes Nike's total renewable energy supply to over 200 MW.
Nike chief sustainability officer Noel Kinder said: “All athletes need fresh air and clean water to thrive. Delivering on our sustainability commitments, like working towards 100% renewable energy across our owned and operated facilities worldwide, is just one of the ways we protect the future of the sport.
“In 2018, we announced that we had contracted for 100% renewable energy in North America, and this latest agreement means we will be operating on 100% renewable energy across Europe by 2020. This means we are delivering against more than 75% of our worldwide goal.”
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