Commercial, Wind - October 20, 2023
Ferguson Signs Wind VPPA
Ferguson — a distributor providing expertise, solutions and products from infrastructure, plumbing and appliances to HVAC, fire and fabrication — announced a 65 MW Virtual Power Purchase Agreement (VPPA) from a wind project located in Callahan County, Texas, 160 miles west of Dallas.
The VPPA was signed with ENGIE North America, a subsidiary of ENGIE S.A., and will reduce Ferguson's environmental footprint through fleet management, energy-efficient upgrades across its facilities, investing in onsite solar and seeking offsite renewable energy opportunities.
The project, called Century Oak, is expected to generate enough clean wind power to match a significant portion of Ferguson’s annual electricity use in the U.S. and Canada.
Schneider Electric also supported the Ferguson and ENGIE collaboration through its VPPA advisory services on the project, managing the strategy and other ongoing negotiations throughout the total process.
Construction is underway at Century Oak and the project is expected to be complete by the end of 2023.
“Century Oak reflects our commitment to reducing our environmental impact across our operations and represents a significant milestone for our business,” said Denise Vaughn, Vice President Environmental, Social and Governance, Ferguson, in a statement. “We are delighted to work with ENGIE and Schneider Electric on Century Oak which delivers renewable, reliable and cost-effective energy to the grid.”
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