Sysco GB signs PPA with Shell Energy Europe for wind power
Sysco GB has signed a power purchase agreement (PPA) with Shell Energy Europe to procure 20 GWh of wind power annually until 2035. This agreement will cover approximately one-third of Sysco GB's expected energy consumption by 2030, supporting their goal of transitioning to 100% renewable energy by that year. The electricity will be sourced from the Race Bank offshore wind farm, for which Shell Energy Europe has an offtake agreement. This deal marks a significant step in Sysco GB's sustainability efforts, complementing existing solar panel installations and energy efficiency improvements.
Counterparts (2)
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- Long-term PPA (until 2035) provides revenue and supply certainty.
- Involves a major food service distributor (Sysco GB) and a leading energy company (Shell Energy Europe).
- Leverages an existing, operating offshore wind farm (Race Bank), minimizing project risk.
- Supports Sysco GB's goal of 100% renewable energy consumption by 2030.
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