Iberdrola and Nike have signed their third clean energy power purchase agreement in as many years, setting their sights on Europe for the first time. The new PPA will build on the success of previous agreements between the two companies in the US. In total, on both sides of the Atlantic, the global sporting brand now benefits from the supply of over 200 MW of renewable wind power.
Courtesy of Iberdrola
The new agreement will see Nike facilities in Europe supplied by 40 MW of clean electricity from the Cavar wind complex in Navarra, northern Spain. Iberdrola soon begin construction on the complex which will see four projects completed by 2020 with an overall capacity of 111 MW.
“All athletes need fresh air and clean water to thrive. Delivering on our sustainability commitments, like working towards 100 percent renewable energy across our owned and operated facilities worldwide, is just one of the ways we protect the future of sport,” said Noel Kinder, Nike Chief Sustainability Officer. “In 2018, we announced that we had contracted for 100 percent renewable energy in North America, and this latest agreement means we will be operating on 100 percent renewable energy across Europe by 2020.”
In the US, the deals between Nike and Avangrid Renewables (a subsidiary of Iberdrola) include 100 MW of wind power supplied from the Karankawa Wind Farm in Texas. Additionally, a service for Nike's Global HQ in Oregon delivers renewable supply from the nearby Leaning Juniper and Juniper Canyon wind facilities, with an equivalent capacity of 69 MW. This capacity will enable Nike to source 100 percent renewable energy across their owned or operated facilities in North America.
Commenting on the agreement, Xabier Viteri, Director of Renewables at Iberdrola, said, “Large businesses with a focus on sustainability are showing that they can be a positive force in tackling climate change. More and more we are seeing companies set themselves tough carbon reduction goals, and Nike is showing leadership in taking action to deliver on those goals.”