Slane Irish Whiskey and energy supplier Flogas Enterprise have signed a new Corporate Power Purchase Agreement (CPPA).
The contract between Slane Irish Whiskey and Flogas Enterprise was signed as part of the new multi-buyer CPPA model.
The Co Meath based distillery explained that this model identifies buyers and sellers and brings all parties together to develop a CPPA structure that works for all.
Sustainable And Renewable
The company, which is part of Brown Forman, noted that it has signed the CPPA to allow the company to purchase renewable electricity directly from the Cronalaght windfarm in Co Donegal.
This purchase will meet 60% of Slane Irish Whiskey’s energy demand through wind energy, it added.
Speaking about the agreement, John O’Reilly, financial analyst at Slane Irish Whiskey, said, “Slane Irish Whiskey believes that protecting our land is the only way we can protect our business.
"This new Corporate Power Purchase Agreement with Flogas Enterprise will support our commitment to using energy that is sustainable and renewable, and this is another step in meeting our sustainability goals."
A CPPA is a contract whereby a company procures renewable electricity through a direct agreement with a renewable electricity developer.
Karl Phelan, account manager at Flogas Enterprise, added, “We are delighted to support another business to achieving their sustainable energy goals. Through the CPPA structure, we can easily connect our corporate energy customers to renewable energy generators.
"We are very excited to work with Slane Irish Whiskey and help them on their journey to become as carbon neutral as possible.”