BALL CORPORATION HAS SIGNED VIRTUAL POWER PURCHASE AGREEMENTS FOR 15 YEARS

Duke Energy Renewables, a business unit of Duke Energy, recently announced the commercial operation of the largest wind energy project in its fleet: the 350 megawatt (MW) Frontier Windpower II Project in Kay County, Oklahoma.

The project is an expansion of the 200 MW Frontier Windpower project, operational since 2016. Together, Frontier I and II are generating a total of 550 MW of wind energy, enough to power about 193,000 average-sized homes. AT&T and Ball Corporation have signed 15-year virtual power purchase agreements (VPPAs) for 160 MW and 161 MW, respectively. These VPPAs will be settled as they are generated linked to Frontier II’s real-time energy production.

Ball Corporation launched, more than two years ago, new climate targets approved by the Science Based Target Initiative. One has been a 55% reduction in its greenhouse gas emissions “from Scope 1 and Scope 2 by 2030, with a significant portion of that reduction coming from our overall transition to renewable energy,” according to Kathleen Pitre, Ball Corporation’s chief commercial and sustainability officer. “Partnering with Duke Energy on the Frontier II project is a momentous step in helping Ball achieve our science-based goals, reduce the carbon footprint of our beverage cans and support our customers’ sustainability objectives. As the world’s largest manufacturer of aluminum beverage containers and a leading corporate purchaser of renewable energy in our industry, the Frontier II project will help Ball meet our goal of addressing 100 percent of our North American electricity load with renewable energy.

Duke Energy Renewables, a unit of Duke Energy Corporation, operates wind and solar generating facilities in the U.S., with a total electric capacity of nearly 4,000 megawatts of unregulated renewable energy. Power is sold to electric utilities, electric cooperatives, municipalities, and commercial and industrial customers. The unit also operates energy storage and microgrid projects.