Vodafone first telco to sign Corporate Power Purchase Agreement here

Photo – Brian McHugh (Managing Director at Vantage Towers Ireland), Amanda Nelson (Vodafone Ireland CEO), James Temple (Renewables Manager at Flogas) and Pat Brett, Director at Derrynadivva Wind Farm in Co Mayo

Vodafone Ireland has signed a new Corporate Power Purchasing Agreement (CPPA) with energy supplier Flogas, along with its infrastructure partner Vantage Towers – the first telco in Ireland to sign such an agreement.

The new deal allows Vodafone to directly purchase renewable electricity from the Derrynadivva Wind Farm in Mayo.

Vodafone’s investment of €6m in the initiative is part of the company’s sustainability goals to achieve net zero across its full value chain by 2040.

The energy secured within today’s deal gives Vodafone access to clean, high quality and affordable renewable electricity for its extensive network of cables that deliver mobile and fixed services to customers across the country.

As part of this agreement, the company’s infrastructure partners, Vantage Towers, will also receive renewable energy from the Derrynadivva Wind Farm.

Amanda Nelson, CEO at Vodafone Ireland, said that today’s announcement is an investment in Ireland and its renewable energy industry, adding that it was a significant step towardsthe company’s own ambitious net zero targets.

Brian McHugh, Managing Director at Vantage Towers Ireland, said the company’s infrastructure network is totally powered by renewable energy, in line with its global ESG agenda.

“Sustainability is a necessity, and this agreement with Flogas is a further commitment to minimising the impact of our business on the environment, and a continued investment in Ireland’s natural generating capability,” he added.

James Temple, Renewables Manager at Flogas, said the CPPA with Vodafone Ireland underscores the accelerating commitment of Irish companies to increase their use of carbon-free energy and lead in renewable energy adoption.

“As a leading provider of clean energy CPPAs, Flogas is dedicated to enhancing the economic feasibility of renewable projects and advancing Ireland’s transition to a low-carbon economy,” he added.

“By delivering clean, renewable wind energy to some of the nation’s largest companies, we are not only helping to reduce greenhouse gas emissions, but also supporting these businesses in their commitment to more efficient and responsible energy consumption,” Pat Brett, Director at Derrynadivva Wind Farm, stated.

Source: rte.ie