HomeFebruary 17, 2020
Einstein Bros. Bagels Selects Retail Electric Supplier For Texas Facilities
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Einstein Noah Restaurant Group, Inc. today announced a retail renewable energy agreement with ENGIE Resources LLC.
The contract, which includes a fixed price structure, goes through 2023 and includes 100% of the electricity needs, or approximately 4,180 megawatt-hours annually, for all Einstein Bros. Bagels locations in Texas.
Renewable energy will be sourced from ENGIE North America's Live Oak Wind Project in Schleicher County, Texas.
ENGIE said that, "ENGIE's portfolioRE solution bridges the gap in green energy products by combining traditional retail energy contracts with supply and renewable energy certificates from specific renewable generation assets."
"Until recently, the retail energy sector did not offer a solution with physical renewable energy directly sourced from a local renewable asset to a portfolio of small facilities like bakeries," said ENGIE Resources Senior Vice President Graham Leith.
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