The first deal is for the supply of 166MW of energy which will be sourced from ENGIE’s Prairie Hill project which is currently under development in Texas.
The second deal is for the provision of 200MW of energy capacity which will be generated at King Plains project.
The energy to be produced annually matches to portions of the electricity load in Walmart stores, Sam’s Clubs and distribution centres throughout parts of the ERCOT and Southwest Power Pool markets.
The two deals are part of efforts by Walmart to power 50% of its operations with renewable energy by the end of 2025.
“Sourcing from wind energy projects — like these from ENGIE — is a core component in the mix to meet our goals,” said Mark Vanderhelm, Vice President of Energy for Walmart Inc. “The energy we'll procure from these facilities represents an important leap forward on our renewable energy journey and reinforces Walmart’s broader mission to spark collective action — alongside key partners — to drive environmental sustainability.”
“We are excited to expand our relationship with Walmart in such creative ways,” said Gwenaëlle Avice-Huet, CEO of ENGIE North America and Executive Vice President in charge of ENGIE’s Global Renewable Business Line. “Walmart’s leadership in promoting sustainability and reducing its carbon footprint in all aspects of its operations has set a truly amazing example for global companies that all should follow. Our companies are fully aligned to build a zero-carbon future together.”
ENGIE has a plan to add 9GW of renewables capacity to the Group portfolio (2.5 GW in the US) by 2021.
Walmart has more than 11,300 stores under 58 banners in 27 countries.