Anheuser-Busch InBev (AB Inbev) has announced a commitment to secure 100% of the company’s purchased electricity from renewable sources by 2025. In total, this will shift 6 terawatt-hours of electricity annually to renewable sources in the markets where AB InBev operates. As part of this initiative, AB InBev expects to secure 75-85% of electricity through direct power purchasing agreements.
The final 15-25% will mainly come from on-site technologies such as solar panels. AB InBev’s renewable electricity transformation will begin in Mexico. AB InBev has signed a Power Purchase Agreement with Iberdrola for 490 gigawatt-hours per year. Iberdrola will build and install 220 MW of wind energy capacity onshore in the state of Puebla, and energy generation is expected to begin in the first half of 2019. AB InBev plans to enter into similar agreements in other markets in the near future. The company has also joined RE100, a global initiative of influential businesses that are all committed to using 100% renewable electricity.