Engie renewable PPA starts greening Australia’s mining-industry supply chain
At its 3.5-hectare industrial site in the Sydney suburb of Artarmon, Weir Minerals operates the largest ferrous foundry in the southern hemisphere, among other energy-intensive operations in support of Australia’s mining industry. Now it’s on the road to net-zero emissions by 2050 with the signing of a renewable energy power purchase agreement (PPA) with Engie ANZ.
The PPA is described as “innovative” because of its simplified model, which integrates energy generation and supply components in the same agreement, minimising the need for Weir to manage complex agreements and cash flows related to its energy needs.
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