Estée Lauder Selects Supplier For Renewable Energy
November 15,2019
The Estée Lauder Companies Inc. has signed a virtual power purchase agreement (VPPA) for the Ponderosa wind farm in Beaver County, Oklahoma, which is owned and operated by a subsidiary of NextEra Energy Resources
Under the VPPA, the company will purchase the energy produced by 22 megawatts (MW) of the Ponderosa wind farm. Construction of the Ponderosa wind farm is scheduled to begin in early 2020.
The Ponderosa wind farm alone will cover more than half of the company’s global electricity footprint with renewable energy technologies