Labatt and Capital Power announce partnership that advances Budweiser’s 100% renewable electricity commitment

  • This is the largest public renewable electricity commitment ever made by a Canadian brewer
  • Through this long-term Virtual Power Purchase Agreement (VPPA), Budweiser is purchasing 51% of the electricity generated from Capital Power’s 75-megawatt Enchant Solar facility in Taber, Alberta
  • Beginning in 2022, the Renewable Energy Certificates (RECs) from this partnership, will cover all of the electricity needed to brew Budweiser in Canada and will result in the early achievement of Labatt’s 100% renewable purchased electricity goal by 2025

EDMONTON, Alberta –  Today, Canada’s best-selling beer brand, Budweiser announced a virtual power purchase agreement (VPPA) with Capital Power, a leading player in state-of-the-art energy sustainability. The agreement includes approximately 51% of the electricity generated by a new solar facility in Taber, Alberta. Of Budweiser’s contracted electricity, approximately one-quarter will be bundled with project-generated RECs directly from the solar facility and three-quarters will be bundled with RECs sourced elsewhere in Canada. This milestone development is the next chapter in AB In Bev’s global sustainability strategy in which Labatt Breweries of Canada plays a significant role, and specifically the Budweiser brand’s commitment to produce every beer it brews using 100% renewable electricity.

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