Imerys, the global leader in mineral-based specialty solutions, has entered into a 10-year Corporate Power Purchase Agreement (CPPA) with ENGIE, a world leader in low-carbon energy and services. Under this agreement, 200 GWh of renewable electricity will be generated annually in Spain. This development marks a key step in Imerys’ sustainability journey, enhancing its global renewable energy portfolio and reinforcing ENGIE’s commitment to Europe’s energy transition and industrial decarbonisation.
As part of the agreement, ENGIE will develop and operate three new solar farms in Spain, which are scheduled to be commissioned between early 2026 and early 2027. Once operational, the renewable electricity supplied under this 10-year deal will meet 24% of Imerys’ annual electricity needs for its operations across Continental Europe. This will enable an annual reduction of 70,000 tonnes of CO₂ equivalent.
The initiative is expected to deliver a 14% reduction in Imerys’ Group-wide Scope 2 greenhouse gas emissions, contributing to an overall 4% reduction in Scope 1 and 2 emissions, based on a 2021 baseline. Leah Wilson, Chief Sustainability Officer at Imerys, told The Voice of Renewables: “This agreement represents a significant milestone in our European decarbonisation roadmap and demonstrates our determination to scale up renewable energy sourcing across our operations. By leveraging ENGIE’s expertise, we are not only accelerating our progress towards our global target to reduce greenhouse gas emissions by 42% by 2030, in line with the 1.5°C trajectory, but we are also supporting our customers in reaching their own decarbonisation targets.”
ENGIE has provided a comprehensive and integrated solution for Imerys, encompassing the development of solar assets, energy management, and the structuring of a tailored CPPA – all in alignment with Imerys’ long-term decarbonisation strategy. Jean-Nicolas Lejeune, Managing Director of ENGIE’s Supply and Energy Management activities in Iberia, stated: “Partnering with Imerys on this ambitious project reinforces our shared commitment to making industrial decarbonisation in Europe a reality. Our ability to combine asset development with energy market expertise and customised contract structuring is what sets ENGIE apart in the industrial energy transition.”
This agreement adds to Imerys’ expanding global portfolio of renewable energy contracts. It follows the recent signing of a 15-year CPPA in the United States, which will supply 30% of the company’s electricity needs in that region. In addition, solar farms have already been commissioned at Imerys sites in the United Kingdom, Bahrain, Malaysia, and China, with further installations underway in India, South Africa, California, and Belgium.
For its part, ENGIE has signed more than 85 Power Purchase Agreements in 2024 alone, totalling 4.3 GW of renewable capacity. This deal underscores the Group’s dedication to accelerating the energy transition and helping clients achieve their sustainability goals. Currently, ENGIE is deploying around 7 GW of renewable and storage capacity each year, in line with its ambition to reach 95 GW of installed capacity by 2030. This rapid growth is a major contribution towards a more affordable, cleaner, and resilient energy future.
