Bloomberg, Cox Enterprises, Gap Inc, Salesforce and Workday Close All-New Renewable Energy Aggregation Deal

Bloomberg News Release

Excerpt: This group of companies, coming together as the Corporate Renewable Energy Aggregation Group, is the first example of companies aggregating similar, relatively small amounts of renewable energy demand to collaboratively enter into a virtual power purchase agreement (VPPA), collectively acting as the anchor tenant for a large offsite renewable energy project. The unprecedented coordination between five international businesses lays the groundwork for other corporates to procure renewable energy cooperatively, maximizing value and reducing risk. Read more here.

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MORE ABOUT RENEWABLE ENERGY AGGREGATION 

LevelTen Energy YouTube Video: Corporate Renewable Energy Aggregation Group Case Study

 This is the first example of companies aggregating similar, relatively small amounts of renewable energy demand to collaboratively enter into a virtual power purchase agreement (VPPA), collectively acting as the anchor tenant for a large offsite renewable energy project.

RENEWABLE ENERGY BUYERS ALLIANCE

The Renewable Energy Buyers Alliance (REBA) is led by four major nonprofit organizations that have brought together their expertise in transforming energy markets.

Collectively, REBA works with more than 100 large buyers that represent enormous demand for renewable power. REBA’s goal is to help corporations purchase 60GW of renewable energy in the US by 2025.

REBA Initiatives

U.S. Renewable Energy Map – Click image to link to it.