Clean Energy Deal Tracker: Novartis and J.M. Smucker join the buyers’ club

After roughly a year of evaluation and negotiations, the 120-year-old company behind brands such as Smucker's jam, Crisco vegetable shortening and Dunkin’ Donuts coffee in August announced it had signed a power purchase agreement (PPA) for 60 MWs of the 230-MW Plum Creek Wind Project in Wayne County, Nebraska.

When the project starts generating power in 2020, it will offset about 50 percent of Smucker’s electricity usage. The developer behind the deal is Lincoln Clean Energy (now part of Orsted), which develop about 2 GW of wind power during 2017.

Julia Sabin, vice president of government relations and corporate sustainability for Smucker, said electricity accounted for about half of the organization’s greenhouse gas (GHG) emissions in 2017. "The project is meaningful to our company in this space," she said. "We have a strong initiative to optimize our manufacturing plants as well."