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Budweiser Brewer to Buy Green Power From BayWa in Germany

Jan. 9, 2020, 3:23 PM

The brewer of Budweiser beer and more than 50 other brands in Europe will tap green power through a deal to buy electricity from the German renewable energy developer BayWa r.e.

Production of Anheuser-Busch InBev NV’s beers made and sold in Europe will be powered by two solar farms being planned in Spain, Munich-based BayWa said Thursday. The units will have a combined capacity of 200 megawatts, of which 130 megawatts will be entirely linked to a 10-year “virtual” power purchase agreement.

BayWa said the deal marks one of the biggest corporate PPAs in Europe to date.

The arrangement ...