Enel Signs Company’s Largest-Ever PPA; Full Output From Three Texas Solar Farms

Enel North America and Mars—a pet care, snacking and food company—announced the groups have completed a major power purchase agreement (PPA) transaction involving the full output of three solar plants in Texas.

The deals represent Enel’s largest corporate PPA transaction worldwide. Combined, the agreements represent 851 MWac and are expected to yield 1.8 TWh of electricity each year.

“As we celebrate 25 years in North America, Enel marks a milestone with one of the largest corporate PPA transactions on the U.S. market—nearly two terawatt-hours annually, equivalent to the electricity needed to power 150,000 homes,” said Michele Di Murro, CEO of Enel North America. “This deal reinforces our commitment to decarbonization and shows how renewables are among the fastest and most affordable solutions to meet the nation’s energy needs. Through these agreements, we’re adding clean capacity to the Texas grid while supporting a leading manufacturer’s sustainability goals.”

“Many large companies are well on their way to sourcing renewable electricity for their own operations, but that’s just a part of the picture,” said Kevin Rabinovitch, Global VP Sustainability at Mars. “For Mars, Renewable Acceleration is a performance accelerator, cutting emissions at a scale and speed we could never achieve through traditional value chain engagement approaches. It lets us bring demand for all the electricity used in our value chain to the clean energy market in a highly efficient manner. The more demand we create together, the faster we can build the future we all want. And clean energy means cleaner air for our communities, our people, our partners.”

Vegetation at all three sites will be managed through sheep grazing, a sustainable dual-use solar practice that Enel expanded through the largest solar grazing agreement signed in the U.S.

—POWER edited this content, which was contributed by the media relations team for Enel North America.