General Mills said early Thursday that it has signed a virtual 15-year power purchase agreement with Renewable Energy Systems, a global renewable energy and energy storage development and construction company, for 100-megawatts (MW) of its Cactus Flats wind project.
The wind project will produce renewable energy credits for General Mills that can be applied toward the company’s greenhouse gas emission reduction goals. During the peak of construction, the project will create about 250 jobs in the clean energy workforce. The food giant’s investment will help fund the construction of the 150-megawatts Cactus Flats wind project being developed in Concho County, Texas by Renewable Energy Systems. The project’s renewable energy credits will enable General Mills to reduce its Scope 2 emissions as part of its target of sustainable emission levels across its global value chain by 2050. In 2016, General Mills reduced the greenhouse gas emissions of its extended value chain by 2% versus 2015.