HomeDecember 21, 2021
Leading Animal Health Company Selects Supplier For Renewable Energy
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Vesper Energy ("Vesper"), a developer, owner and operator of utility-scale renewable energy assets, today announced it entered into a 15-year virtual power purchase agreement (VPPA) with Zoetis, which is described as a leading animal health company.
Vesper will deliver more than 40 megawatts (MW) of solar energy to the grid to power approximately 33 percent of Zoetis' North American operations' projected energy needs.
The solar energy will be generated from Vesper's 500 MW Hornet Solar project in west Texas, which is targeted to be fully operational by the end of 2023.
Vesper Energy is majority-owned by funds and accounts managed by Magnetar Capital through its Energy & Infrastructure business.
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