Imerys and Engie have signed a 10-year corporate power purchase agreement (CPPA) to deliver 200GWh of renewable electricity annually from new solar plants in Spain.
Under the deal, ENGIE will develop and operate three solar facilities scheduled for commissioning in early 2026 and 2027.
Once operational, the projects will supply 24% of Imerys’ annual electricity demand across continental Europe, cutting around 70,000 tonnes of carbon dioxide equivalent each year.
The agreement is expected to deliver a 14% reduction in Imerys’ Scope 2 greenhouse gas emissions and contribute to a 4% decrease in total Scope 1 and 2 emissions across the Group.
Leah Wilson, chief sustainability officer at Imerys, said: “This agreement represents a significant milestone in our decarbonisation roadmap in Europe and demonstrates our determination to expand the supply of renewable energy across our operations.
“Thanks to Engie’s expertise, we not only accelerated our progress towards our global goal of reducing greenhouse gas emissions by 42% by 2030, in line with the 1.5°C trajectory, but we also helped our customers achieve their own decarbonisation goals.”
Jean-Nicolas Lejeune, managing director of ENGIE Supply & Energy Management Iberia, added: “Collaborating with Imerys on this ambitious project reinforces our shared commitment to making industrial decarbonisation a reality in Europe.
“Our ability to combine asset development with expertise in energy markets and tailor-made contract structuring is what sets ENGIE apart in the industrial energy transition.”
The new partnership builds on Imerys’ growing renewable energy portfolio, which includes a 15-year CPPA in the United States and solar installations across the UK, Bahrain, Malaysia and China.
Engie said the deal forms part of its wider ambition to reach 95GW of installed renewable capacity by 2030, with an average of 7GW of new renewable and storage projects deployed each year.