By Will Feuer

 

McDonald's Corp. and the five members of its North American logistics council have struck deals to buy renewable energy and associated certificates from Enel North America.

The power will be sourced from Enel Green Power's Blue Jay solar project in Grimes County, Texas, adding that the project is expected to be fully operational next year.

Enel North America is part of the Enel Group, an Italy-based clean energy company that serves the renewable energy needs of businesses, utilities and cities in over 30 countries.

McDonald's and its suppliers are expected to buy over 470,000 megawatt-hours of renewable energy annually from the project, the companies said.

The renewable energy purchases would help McDonald's and its suppliers save 170,000 metric tons of carbon emissions annually and completely support the electricity load of McDonald's entire logistics supply chain for all its U.S. restaurants with renewable energy, the companies said.

 

Write to Will Feuer at Will.Feuer@wsj.com

 

(END) Dow Jones Newswires

December 15, 2022 09:13 ET (14:13 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.
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