Nestl and Enel have teamed up to create three wind energy self-production consortiums in Brazil.
This partnership will power five of Nestls manufacturing plants across the country with clean, renewable energy.The wind farms, nestled in the Cumaru complex in Rio Grande do Norte, are the brainchild of Enel Green Power.
This Italian companys renewable energy arm has both built and now operates these cutting-edge facilities.Nestl will hold a significant stake in these wind farms, ranging from 40% to 47%.
The energy generated will fuel Nestl factories in So Paulo, Esprito Santo, and Minas Gerais states.In addition, these plants produce beloved items like Ninho milk, Garoto chocolates, and Purina pet nutrition products.Nestl and Enel Join Forces to Harness Wind Power in Brazil.(Photo Internet reproduction)The deal has already received a nod from the antitrust body Cade and awaits approval from the regulatory agency Aneel.Self-production has become a hot trend among large energy consumers.
By generating their own power, energy-intensive industries can slash costs through various incentives and exemptions.Pioneering Renewable Energy in BrazilMarcelo Melchior, CEO of Nestl Brazil, highlighted the benefits of this approach.
Self-production will provide greater cost stability, as tariffs tend to be more predictable, he explained.Nestl has been powering all its factories with renewable energy since 2017.
The company is now diversifying its sources to accelerate its energy transition and achieve net-zero status by 2050.Enel Brasils CEO, Antonio Scala, expressed enthusiasm about the partnership.
We aim to drive the energy transition and diversify renewable sources in Brazil, he stated.Enel, an Italian powerhouse, is a major player in Brazils renewable energy sector.
With 6.5 gigawatts of installed capacity, it also operates distribution companies in So Paulo, Rio de Janeiro, and Cear.However, this collaboration between Nestl and Enel marks a significant step towards sustainable manufacturing in Brazil.It showcases how industry giants can lead the charge in combating climate change and promoting renewable energy.