Starbucks Signs Long-Term Supply Agreement With Retail Supplier, Covering 340 Stores
November 28, 2018 Email This Story Copyright 2010-17 EnergyChoiceMatters.com
Reporting by Paul Ring • email@example.com
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Constellation has signed a long-term agreement with Starbucks to power more than 340 company-operated Illinois stores with 100 percent renewable energy produced by Enel Green Power (EGP) North America, Inc.'s HillTopper wind project in Logan County, Ill.
The deal is made possible by a separate long-term agreement between Enel and Constellation under which Constellation will purchase a 14-megawatt portion of the energy generated by HillTopper. This energy will then be sold to Starbucks under a separate agreement with Constellation.
The agreement enables Starbucks to support the generation of approximately 48,000 megawatt-hours of wind power from EGP’s HillTopper wind project
Constellation said, "The agreement leverages the Constellation Offsite Renewables (CORe) offering, which increases access to renewable energy for commercial and industrial customers, enabling Starbucks to contribute to the development of HillTopper in Illinois, where the stores are located."
The HillTopper wind farm, is expected to enter into service by the end of 2018. The facility will have a total capacity of 185 megawatts
Edison Energy provided renewable energy market access, project due diligence and customer education to support the transaction process.