Germany – REWE Group, one of Germany’s largest food retailers, has signed a 10-year power purchase agreement with Ørsted to purchase 100 MW of green electricity from Ørsted’s Borkum Riffgrund 3 offshore wind farm, scheduled to begin operations in 2025.
The arrangement with Ørsted constitutes REWE Group’s largest renewable energy offtake agreement to date, and it makes REWE Group the first German food retailer to acquire power from an offshore wind farm in the North Sea.
Borkum Riffgrund 3’s 100 MW of green power is equivalent to the power consumption of 1,500 REWE stores. REWE Group aims to achieve climate neutrality by 2040.
The power purchase agreement with Ørsted was signed, and EHA Energie-Handels-Gesellschaft, REWE Group’s energy procurement arm, will manage it.
