Arnott’s signs new long-term renewable energy agreement

Arnott’s Group has entered into an eight-year renewable energy agreement with Queensland owned energy operator, Stanwell Corporation.

The agreement will see Arnott’s Group link up to 16,943 MWh of clean electricity from Stanwell’s pipeline of renewable projects each year for its biscuit factory in Virginia, Queensland.

The 40,000 square metre manufacturing site in Brisbane runs eight product lines, three packaging lines, employs over 600 people, and bakes more than 40 million kilograms of biscuits a year.

Simon Lowden, Chief Transformation Officer at Arnott’s Group, said the new agreement is the latest in a series of bold renewable projects across its Australian sites, that will allow it to accelerate its progress toward its net zero commitments ahead of target.

“This is an exciting partnership that will enable us to transition the way we source electricity for our Virginia site and significantly reduce our environmental impact.”

Michael O’Rourke, CEO of Stanwell, said the company is proud to be able to support Arnott’s with its sustainability aspirations.

“Stanwell Energy is one of Queensland’s largest commercial and industrial energy retailers and our account managers work hard to deliver tailored solutions for all of our customers.”

O’Rourke explained that Stanwell’s renewable portfolio includes 2,100 MW of renewable energy from projects that are currently operational, under construction, or under development.

“This extensive pipeline of renewable energy projects means that we can expand our renewable offerings for customers as Stanwell becomes a diversified and renewable energy provider.”

Mick de Brenni, Queensland Minister for Energy, Renewables and Hydrogen, said this agreement is another positive step in achieving Queensland’s energy targets.

“The Palaszczuk Government’s Queensland Energy and Jobs Plan means that we will meet and beat the State’s renewable energy targets with 10 times more renewables by 2040 and 100,000 more jobs for locals.”

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