3M to buy Invenergy power
Electricity to come from 120MW Gunsight wind farm in Texas
Invenergy has agreed a power purchase agreement to provide 3M with 120MW of wind power to help support its operations across North America.
The electricity will come from the Gunsight wind energy center in Texas, delivered into the Electric Reliability Council of Texas regional electricity grid.
Invenergy vice president of sales and marketing Craig Gordon said: “Corporate off-site renewable energy procurement is one of the most exciting changes we’ve seen recently in our industry as the sector nearly tripled from 2014 to 2015 with more than 3400 MW announced.
“We expect 2016 to be another strong year for direct corporate procurement.”
3M Environment, Health, Safety and Sustainability vice president Jean Bennington Sweeney said: “This agreement is an important and significant step toward accomplishing our company goal of increasing renewable energy to 25% of our total electricity use by 2025.”
Image: Invenergy's miami wind farm in Texas (Invenergy)