During a meeting held at Coca-Cola Argentina"s headquarters, the leading beverage company formalised a strategic alliance with Genneia, the country"s largest renewable energy producer.
The agreement will supply Coca-Cola"s concentrate plant in Buenos Aires and its storage center in Ezeiza with electricity generated from wind power and solar PV, replacing nearly 80% of the facilities" annual energy consumption.
The supply consists of officially certified renewable energy, verified as clean and low-impact.
The contract was signed by Leonardo García, General Manager for Coca-Cola in Argentina and Uruguay, and Bernardo Andrews, CEO of Genneia, who highlighted the importance of the collaboration within both companies" environmental commitments.
Electricity will be delivered through Argentina"s MATER framework (Renewable Energy Term Market) under a five-year power purchase agreement (PPA).
The clean energy will come from Genneia"s diversified portfolio of wind farms and solar parks located across different regions of the country.
This initiative is aligned with The Coca-Cola Company"s global decarbonization strategy, which aims to achieve net-zero emissions by 2050 and reduce absolute greenhouse gas emissions by 25% by 2030, using 2015 as the baseline year.
"We are proud that a company like Coca-Cola trusts Genneia to advance its sustainability goals.
This alliance reflects the strength of our competitive, tailored energy solutions and reinforces our commitment to supporting the country"s leading companies in their efficiency strategies," said Bernardo Andrews, CEO of Genneia.
Meanwhile, Leonardo García, General Manager for Argentina and Uruguay, stated: "At Coca-Cola, we work to ensure that every decision we make generates a positive impact on people and the planet.
This alliance with Genneia helps us move toward a cleaner and more responsible operating model, aligned with both our local and global sustainability objectives.
With this new contract, Genneia now exceeds 80 corporate clients operating under MATER, consolidating its leadership in Argentina"s corporate renewable energy market.
The company provides customised energy solutions to sectors such as agribusiness, food and beverage, automotive, oil and gas, construction, transportation, and pharmaceuticals, contributing to more efficient operations nationwide.