Coca-Cola Argentina has formalized a strategic alliance with Genneia, the country's largest renewable energy producer, to power its concentrate plant in Buenos Aires and its storage center in Ezeiza with wind and solar energy. This five-year power purchase agreement will supply nearly 80% of these facilities' annual energy consumption with certified renewable energy. This initiative is a key part of The Coca-Cola Company's broader goal to achieve net-zero emissions by 2050 and reduce absolute greenhouse gas emissions by 25% by 2030, based on 2015 levels. The move strengthens Genneia's position as a leader in Argentina's corporate renewable energy market, now serving over 80 corporate clients. No immediate market reaction analysis is available for this announcement.
Coca-Cola Argentina Announces Major Shift to Renewable Energy
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