Johnson & Johnson proceeds with three renewable projects
Published by: Sandy Bhadare on 22 Jul 2021 One of the world’s largest healthcare companies Johnson & Johnson has engaged Baker McKenzie fo.
One of the world’s largest healthcare companies Johnson & Johnson has engaged Baker McKenzie for advice on three virtual power purchase agreements (VPPAs) in Europe, which will help the company to meet its ambitious renewable energy goals.
Johnson & Johnson hopes to obtain all of its electricity from renewable energy sources by 2025, and the three VPPAs will help the company to achieve this.
The VPPAs include a mix of wind and solar projects in Spain. The total energy generated by the projects will be 104 Megawatts (MW), or about 270,000 MW hours (MWh) of renewable energy per year.
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