Lafarge Canada Inc. and ATCO Announce 12.5-Year Solar Virtual Power Purchase Agreement
Lafarge Canada Inc., an industry leader in sustainable building solutions, and ATCO Ltd., through its investment in Canadian Utilities Limited, today announced that they have entered into a 12.5-year virtual power purchase agreement (VPPA).
- Lafarge Canada Inc., an industry leader in sustainable building solutions, and ATCO Ltd., through its investment in Canadian Utilities Limited, today announced that they have entered into a 12.5-year virtual power purchase agreement (VPPA).
- Under this agreement, Lafarge’s Exshaw cement plant will receive one hundred percent of the solar energy produced by the 38.5-megawatt Empress Solar project, meeting 34 per cent of the plant’s power requirements through 2036.
- Notably, Lafarge's Exshaw cement plant has now committed to power purchase agreements for both wind and solar energy, setting an industry precedent.
- The Empress Solar project is expected to generate enough renewable energy to offset approximately 43,000 tonnes of carbon per year.