Large-scale virtual power purchase agreement to cover 100 percent of Henkel’s electricity demand in the US
On the way to becoming a climate-positive company, Henkel has signed a large-scale virtual power purchase agreement (VPPA) relating to a new wind farm in Bee County, Texas. The agreed capacity equals 100 percent of the electricity demand of Henkel’s operations in the US, which comprise more than 30 production sites across the country. The long-term commitment contributes to increasing the share of renewable energy in the grid and supports Henkel to reach its climate protection targets, which were approved by the “Science Based Targets initiative” earlier this year.