Cases & Deals

Procter & Gamble signs 10-year VPPA with Renewable Power Capital for wind energy project in Sweden

Client(s) Procter & Gamble Company, The

Jones Day advised The Procter & Gamble Company (P&G) in entering into a 10-year virtual power purchase agreement (VPPA) with a subsidiary of renewable energy developer Renewable Power Capital (RPC) for a wind energy project in Sweden with an expected capacity of 140 MW.
The VPPA will help RPC finance the development of the wind energy project, and the project is expected to enable P&G to offset carbon emissions associated with its EU electricity consumption to further P&G's efforts to meet its sustainability goals.