Enel Green Power Guatemala (EGPG) has signed a power purchase agreement (PPA) with the three bottlers of Coca-Cola brand products in Guatemala for the annual supply of 28.6 GWh of energy from its hydroelectric plants over the next two years.

EGPG has been operating five hydro plants in Guatemala for 18 years, with a combined installed capacity of 164 MW. The plants are 12 MW Matanzas and 4 MW San Isidro in Baja Verapaz department, 47 MW El Canada and 13 MW Montecristo in Quetzaltenango department and 87 MW Palo Viejo in Quiché department. Since the end of 2020, the generation from these plants has been centralized through energy marketer EGPG, making it a vehicle to provide renewable energy to end customers such as large users.

The three bottlers that are party to the agreement are Coca-Cola ABASA, Coca-Cola FEMSA and Coca-Cola Los Volcanes.

The renewable energy supplied under this two-year agreement is equivalent to planting 420,000 trees or avoiding the emission of 92,211 tons of CO2 into the atmosphere, EGPG said. Furthermore, the renewable energy delivered under the contract will be certified with the delivery of the International Renewable Energy Certificates (I-RECs), an internationally recognized tool for compliance with the Sustainable Development Agenda.

“For us, this agreement is in line with our vision of sustainability, reaffirming the commitment to find key alliances that help us maintain the goal of using 100% renewable energy in manufacturing processes,” said Gabriela Arias, manager of corporate affairs representing the bottlers of the Coca-Cola System. “Enel Green Power is without a doubt the strategic partner and our green enabler with whom we share the same objectives.”

Enel Green Power, within the Enel Group, develops and operates renewable energy plants worldwide and is present in Europe, the Americas, Asia, Africa and Oceania. The company has a total capacity of around 54 GW and a generation mix that includes wind, solar, geothermal and hydroelectric power.