Home Energy company Ecolab invests in renewable energy to meet 100% of the company’s European electricity needs

Ecolab invests in renewable energy to meet 100% of the company’s European electricity needs

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ST. PAUL, Minnesota–(BUSINESS WIRE)–Ecolab Inc., the global leader in water, hygiene and infection prevention solutions and services, today announced the signing of a virtual power purchase agreement that will support the construction and operation of a five-turbine wind farm on the west coast of Finland.

The Mörknässkogen wind farm, developed by the renewable energy investment and asset management company Low Carbon, will produce around 100 GWh of renewable energy each year, enough energy to power more than 29,000 homes. It will reduce potential greenhouse gases by approximately 20,900 tonnes and cover 100% of the electricity Ecolab uses to power all European sites, including 15 major offices, 26 manufacturing plants and seven R&D centers. The wind farm is expected to come into service by the end of 2023. The project is yet another demonstration of how Ecolab is achieving bold sustainability goals.

“In an era of increased scrutiny of energy consumption and net zero commitments, we are proud to invest in renewable options that are good for both Ecolab’s business and our planet,” said Emilio Tenuta. , chief sustainability officer of Ecolab. “Many of Ecolab’s more than 47,000 associates worldwide support our customers in their journey to net zero emissions, and this agreement provides a concrete example of how to move from commitment to action.

“We are thrilled to partner with Ecolab, a global sustainability leader, to bring additional renewable energy infrastructure to Finland’s already sought-after renewable energy mix,” said John Graves, CIO of the Low Carbon Renewables Fund. “The Mörknässkogen wind project shows how forward-thinking companies can have a real impact when we work together to advance a sustainable future. »

Today’s announcement builds on an investment by Ecolab in 2018, which added enough renewable energy sources to cover 100% of the company’s operations in North America. Combined, the two agreements will now allow Ecolab to source nearly 80%, up from 58%, of its electricity from renewable sources and take a major step towards the company’s goal of reaching 100%. of renewable electricity globally by 2030. This progress puts Ecolab well ahead of schedule to meet the renewable energy guidelines set by RE100, a global corporate initiative to achieve 100% electricity renewable by 2050, of which Ecolab is a member.

For more information on Ecolab’s 2030 Impact Goals and progress to date, visit www.ecolab.com/corporate-responsibility/2030-Impact-Goals. For more information on Ecolab’s commitment to operating sustainably, visit ecolab.com/corporate-responsibility.

About Ecolab

A trusted partner at nearly three million customer sites, Ecolab (ECL) is the global leader in water, hygiene, and infection prevention solutions and services that help protect the health of people, planet, and communities. companies. With annual sales of $13 billion and more than 47,000 associates, Ecolab delivers comprehensive science-based solutions, data-driven insights and world-class service to advance food safety, help maintain clean and safe environments , optimize water and energy use and improve operations. efficiency and sustainability for customers in the food, healthcare, hospitality and industrial markets in more than 170 countries around the world. www.ecolab.com

Follow us on LinkedIn @Ecolab, Twitter @EcolabInstagram @Ecolab_Inc and Facebook @Ecolab.

About low carbon

Low Carbon is a leading renewable energy investment and asset management platform committed to the development and exploitation of large-scale renewable energy. Low Carbon invests in both renewable energy developers and projects across a range of renewable energy technologies, including solar PV, wind, energy storage, waste-to-energy and energy efficiency. Low Carbon, a certified B Corp, has a proven track record in developing, building, financing and managing renewable energy assets and remains committed to long-term projects with a dedicated asset management team which manages the assets on the balance sheet and for third parties. With a large international renewable energy pipeline in development, Low Carbon is well positioned to take advantage of opportunities as the need for renewable energy and energy security increases. www.lowcarbon.com

(ECL-C)