Imerys and ENGIE Partner for Renewable Energy Transition in Spain
Imerys, a developer of mineral-based specialty solutions, and ENGIE, a provider of low carbon energy and services, have signed a 10-year Corporate Power Purchase Agreement (CPPA) for the annual generation of 200 GWh of renewable electricity in Spain.
The agreement not only demonstrates Imerys’ sustainability goals, building on the company’s global renewable energy portfolio, but also strengthens ENGIE’s aim to support Europe’s energy transition and industrial decarbonization.
- ENGIE will develop and operate three new solar farms in Spain, which are scheduled to be commissioned between early 2026 and early 2027.
- Once operational, this 10-year agreement will cover 24 percent of Imerys’ operations annual electricity needs in Continental Europe with renewable sources, enabling a reduction of 70,000 tons of CO2 equivalent per year.
- This initiative is projected to contribute to a 14 percent decrease in Imerys’ Group-wide Scope 2 GHG emissions, resulting in an approximate 4 percent reduction in Scope 1 and 2 emissions overall.
“By leveraging ENGIE’s expertise, we are not only accelerating our progress toward our global target to reduce greenhouse gas emissions by 42% by 2030 in line with the 1.5°C trajectory, but we are also supporting our customers in reaching their own decarbonization targets.” said Leah Wilson, Chief Sustainability Officer at Imerys.
ENGIE delivered an impactful solution for Imerys using its unique integrated model. This helped Imerys in solar asset development to energy management and the structuring of a customized Corporate Power Purchase Agreement (CPPA), all aligned with the company’s long-term decarbonization strategy.
The agreement adds to Imerys’ growing portfolio of renewable energy purchase agreements with suppliers worldwide. It is followed by the recent 15-year CPPA in the United States, which will supply 30% of the company’s electricity needs in the region. Solar farms have been commissioned on Imerys’ sites in the UK, Bahrain, Malaysia, and China, with further installations under progress in India, South Africa, California, and Belgium.
ENGIE is deploying an average of 7 GW of renewable and storage capacity annually, which is aligned with the Group’s aim to reach 95 GW of installed capacity by 2030, contributing to an affordable, cleaner and more resilient energy future.