Bloomberg and Ørsted Announce 15-Year Renewable Energy Purchase Power Agreement
PARIS, Texas, Jan. 18, 2024 /PRNewswire/ -- Today, Ørsted, a leading U.S. clean energy developer, announced the signing of an 80MW power purchase agreement (PPA) with Bloomberg for renewable energy generated by the Mockingbird Solar Center, a 471 MW project currently under construction near Paris, Texas. This is Ørsted's largest solar project in the U.S., as well as the company's first project to incorporate conservation efforts with the protection of native tallgrass prairie. Bloomberg is one of four corporate customers buying power from the Mockingbird Solar Center, including Covestro and Royal DSM. This agreement brings the Mockingbird project to a fully contracted status for its 471 MW capacity.
- Bloomberg is one of four corporate customers buying power from the Mockingbird Solar Center, including Covestro and Royal DSM.
- In 2016, Bloomberg joined the RE100, a global corporate initiative comprised of businesses committed to sourcing 100 percent of their electricity from renewable energy.
- According to Bloomberg, in 2022, the company secured 192,533 MWh of renewable energy from 11 projects, which represents 54.6 percent of Bloomberg's global purchased electricity.
- "We look forward to partnering with Ørsted on the purchase of renewable energy to progress our RE100 target while also meaningfully contributing to conservation efforts," said Dave Wildman, Global Head Facilities, Sustainability Ops, MEP Infrastructure at Bloomberg.