BALL CORPORATION ENTERS INTO VIRTUAL POWER PURCHASE AGREEMENT

Ball Corporation has announced the signing of a virtual power purchase agreement (VPPA) in which the multinational will acquire 151 megawatts of new wind power from a subsidiary of NextEra Energy Resources, LLC, the world’s largest generator of renewable energy from the wind and sun.

Specifically, the wind energy center will be located in West Texas and Ball’s portion of the project is expected to produce 600,000 megawatt hours of clean energy per year, enough to address the electricity load of nearly half of Ball’s North American manufacturing facilities.

At Ball, we believe that progress requires transparency,” says Dennis Schuilenburg, Ball’s chief commercial and sustainability officer. As we grow our business to meet the demand for infinitely recyclable aluminum beverage containers, we remain committed to our goals of reducing our operational emissions and the carbon footprint of our aluminum containers,” adding that “our life cycle analysis study shows that using renewable electricity in can manufacturing can reduce the carbon footprint of an aluminum beverage can by up to 18%, which in turn helps our customers with their sustainability goals.”

The wind energy center is expected to reduce Scope 2 greenhouse gas emissions by approximately 30%. That’s equivalent to the carbon reduction of taking 91,000 gasoline-powered passenger vehicles off the road annually.

The wind energy center adds to Ball’s previous wind deals in the United States, Sweden and Spain, where the electricity produced from these projects enabled the company to source 44% of its global electricity demand in 2021 from renewables.

Ball aims to obtain 100% renewable electricity globally by 2030, with an intermediate target of 75% by 2025. With the addition of this wind power, Ball estimates that there will be 65% of the way there by 2024. The wind energy center, construction of which is already underway, is expected to start supplying power from 2023.