As a large electricity user and to support its ambition to reduce emissions, Viva Energy has signed a new 10-year Power Purchase Agreement (PPA) with leading renewable energy generator ACCIONA Energia. The PPA involves renewable electricity generated from the Mt Gellibrand Wind Farm near Colac, Victoria.
The deal is the largest electricity and environmental certificate contract completed by Viva Energy, providing the power that is critical to our business operations bundled with Large-Scale Generation Certificates (LGCs).
The agreement provides a substantial quantity of Viva Energy’s power requirements from Acciona’s operating wind farm assets, and will assist Viva Energy in meeting its group-wide emission-reduction ambitions.
The Mt Gellibrand Wind Farm facility is located approximately 70km from Viva Energy’s refinery in Geelong.
Viva Energy Chief Business Development and Sustainability Officer Lachlan Pfeiffer said he was delighted to continue the long and productive relationship between Viva Energy and ACCIONA Energia, which is one of the world’s largest builders and owners of renewable energy assets.
“Viva Energy signed its first PPA agreement with ACCIONA Energia back in 2019, helping to support and establish the development of renewable energy in the Geelong region,” Lachlan said. “This new agreement provides both substantial power supply and LGCs to Viva Energy, supporting our ambition to reduce scope 2 emissions across our various businesses as well as providing a long-term commitment to local renewable energy generation in the greater Geelong region.”
Viva Energy continues to explore renewable energy sourcing opportunities across Australia.
This PPA with ACCIONA Energia complements another renewable energy PPA with CleanCo Queensland which provides the power for over 110 Coles Express sites in Queensland.
CleanCo has a portfolio of low-emission and renewable energy assets which includes long-term PPAs with renewable energy projects such as the Western Downs Green Energy Hub near Chinchilla.
Media Enquiries:
Michael Cave
T: +61 409 647 910
E: michael.cave@vivaenergy.com.au
About Viva Energy
Viva Energy (ASX: VEA) is a leading convenience retailer, commercial services and energy infrastructure business, with a history spanning more than 120 years in Australia. The Group operates a convenience and fuel network of more than 700 stores across Australia, and exclusively supplies Shell fuels and lubricants to a total network of more than 1,300 service stations.
Viva Energy owns and operates the strategically located Geelong Refinery in Victoria, and operates bulk fuels, aviation, bitumen, marine, chemicals, polymers and lubricants businesses supported by more than 20 terminals and 60 airports and airfields across the country. www.vivaenergy.com.au
About ACCIONA Energia in Australia
ACCIONA Energia is Australia’s leading developer of renewable energy projects. With a unique ‘build, own and operate’ business model ACCIONA embeds itself as a positive member of the local community. Since starting in 2002 ACCIONA Energia has five operational wind farms around the country and is currently constructing its sixth – the MacIntyre Wind Farm – the largest wind farm in the southern hemisphere. With a multi-gigawatt development pipeline the company is targeting an installed capacity of 7GW in Australia by 2030 of wind, solar and battery assets and is exploring the deployment of other renewable energy technologies.
About the Mt Gellibrand wind farm:
- Project Configuration: 44 x AW3,000 3MW turbines
- Start of Active Construction: Early 2017 Completion Date: Late 2018
- Capacity: Up to 132 MW
- Energy Production: Equivalent up to 90,000 households
- Project Value: Approximately $258 million
- Tip Height: 150 metres
The $258m project generated significant economic activity in the region providing over 100 construction jobs and approximately 8 full-time direct operational roles.