Thermo Fisher Scientific to Source Half of its U.S. Electricity Needs from Wind Power Purchase with Enel North America
29 September 2022 - 02:00PM
Business Wire
The agreement will deliver renewable energy equal to half of the
company’s U.S. electricity consumption
Thermo Fisher Scientific Inc. (NYSE: TMO), the world leader in
serving science, recently signed an eight-year virtual power
purchasing agreement with Enel North America to deliver a
90-megawatt (MW) portion of the Seven Cowboy wind project in
western Oklahoma. Thermo Fisher will purchase approximately 400,000
megawatt hours (MWh) of renewable electricity, equal to half of the
company’s current U.S. electricity needs.
As part of the company’s emissions-reduction strategy, Thermo
Fisher plans to eventually transition most locations globally to
renewable energy. Today, more than 60 sites worldwide are fully
powered by renewable electricity, including seven facilities that
generate 3.5 MW of solar power and 3 MW of wind energy. Another 15
MW of solar power projects are planned.
“By sourcing electricity from new wind and solar facilities we
can help our customers meet their Scope 3 greenhouse gas reduction
targets,” said Konrad Bauer, senior vice president, global business
services, Thermo Fisher Scientific. “This project will more than
double our use of renewable energy and, combined with our $20
million investment in green infrastructure earlier this year,
supports our commitment to a net-zero value chain by 2050.”
“From policymakers and business leaders alike, momentum
continues to build in the transition to clean energy,” said Paolo
Romanacci, head of Enel North America’s renewable energy business,
Enel Green Power. “This agreement enables both Thermo Fisher and
their customers to move closer to their sustainability goals – an
important step forward that supports new clean energy on the grid
while decarbonizing their value chain.”
The Seven Cowboy Wind project is expected to be operational by
the second half of 2023. Schneider Electric advised Thermo Fisher
on this agreement. Additional information about Thermo Fisher’s
environmental, social, and governance progress can be found at
www.thermofisher.com/csr.
About Thermo Fisher Scientific
Thermo Fisher Scientific Inc. is the world leader in serving
science, with annual revenue of approximately $40 billion. Our
Mission is to enable our customers to make the world healthier,
cleaner and safer. Whether our customers are accelerating life
sciences research, solving complex analytical challenges,
increasing productivity in their laboratories, improving patient
health through diagnostics or the development and manufacture of
life-changing therapies, we are here to support them. Our global
team delivers an unrivaled combination of innovative technologies,
purchasing convenience and pharmaceutical services through our
industry-leading brands, including Thermo Scientific, Applied
Biosystems, Invitrogen, Fisher Scientific, Unity Lab Services,
Patheon and PPD. For more information, please visit
www.thermofisher.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20220929005156/en/
Media Relations Sandy Pound Phone: 781-622-1223 Email:
sandy.pound@thermofisher.com
Investor Rafael Tejada Phone: 781-622-1356 E-mail:
rafael.tejada@thermofisher.com
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