(AGENPARL) - Roma, 20 Marzo 2026 -
Through a renewable electricity buyer consortium, Ocean Breeze Energy GmbH & Co. KG GmbH (Ocean Breeze) has executed virtual power purchase agreements with Cargill and Mars until 2030. Trio is proud to have worked with Cargill and Mars on the Ocean Breeze agreement, facilitating the VPPA process and providing support across PPA strategy, sourcing, contract analysis and negotiation.
Starting in September 2024, Ocean Breeze’s BARD Offshore 1 wind turbines will transition to a fixed price regime through the VPPA involving Mars and Cargill, enabling continued green electricity production without feed-in tariffs. This 6.3-year agreement will provide significant clean energy to reduce emissions at Cargill and Mars facilities in Germany, showcasing both companies’ commitment to sustainability and the potential for the German offshore wind industry to engage with the private market.
“Through their aggregated power purchase agreement with Ocean Breeze Energy, Cargill and Mars continue to drive significant emissions reductions as part of their broader renewable energy and sustainability commitments,” said Hannah Badrei, Ph.D., Senior Vice President, Global Energy Advisory at Trio. “Trio is proud to have served as the clean energy advisor on this supply chain aggregation transaction, which reflects another step forward in Europe’s transition to a decarbonized economy.”
Click here to read the full press release.
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