Campbell Initiates Use Of Solar Energy At Pepperidge Farm Bakery In Bloomfield

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Campbell Initiates Use Of Solar Energy At Pepperidge Farm Bakery In Bloomfield

Campbell in the recent past in partnership with BNB Renewable Energy Holdings and Sun Power Corp. (NASDAQ: SPWR), has initiated a 1-megawatt (MW) solar array at its Pepperidge Farm bakery in Bloomfield. Commercial operation for the solar array, which is generating the equivalent of 15 percent of the bakery’s annual energy demand, began sometime the last year.

The ground-mounted, fixed-tilt solar array comprises 2,720 high-efficiency Sun Power solar panels and sits on five acres of land leased from Pepperidge Farm. The array is projected to produce more than 1.7MM kilowatt-hours of electricity. Pepperidge Farm has agreed to purchase all the electricity produced by the system for 20 years. These efforts are part of Campbell’s long-term strategy to cut the environmental footprint of the company’s product portfolio in half and deliver long-term value to the business and the vicinity communities. As per the agreement the Pepperidge Farm shall buy electricity at rates that are competitive with retail electricity, providing a hedge against rising electricity rates while supporting renewable energy development.

 

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