This bold step is in line with its business strategy and ‘Brew a Better World’ sustainability agenda. The supply of clean, renewable energy to its Kakuri and Kudenda breweries will take the company one step closer in its quest to becoming carbon-neutral in future.
Under the terms of the ten-year agreement, Nigerian Breweries Plc has outsourced the power supply for its critical loads for its breweries, converting from fossil fuels into a full-service renewable energy solution, using hydro-power sources.Speaking during the official contract signing ceremony held at the company’s head office in Iganmu, Lagos, on Tuesday, May 17, 2022, the Managing Director of Nigerian Breweries Plc., Mr.
“We are very pleased to be part of the energy transition that Nigerian Breweries Plc. is leading. This agreement is particularly significant in the current context of increasing energy costs from traditional fossil fuels. This type of solution can apply to many businesses across Nigeria, allowing them to obtain cost-effective power from a reliable partner while focusing on their core business,” he added.
The Chief Investment Officer, Climate Fund Managers Tarun Brahma, said: “We are proud to support Konexa and look forward to actively supporting Nigerian Breweries Plc. as they demonstrate leadership in driving the decarbonization of their operations in Nigeria”.in 2021, Nigerian Breweries Plc commissioned its 663.6 KWP solar power plant at its Ibadan brewery, which
supplies 1GWh yearly to the brewery while reducing its carbon emissions by 10,000 tonnes over a 15-year lifespan of the plant.A member of the HEINEKEN Group, Nigerian Breweries Plc is the pioneer and largest brewing company in Nigeria. Incorporated in 1946 as “Nigerian Brewery Limited,” the company made history in June 1949 when the first bottle of STAR lager beer rolled out of its Lagos brewery bottling line.
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