ENGIE, a French major player in energy transition, has signed a 10-year Biomethane Purchase Agreement (BPA) with PepsiCo UK to supply 60 gigawatt-hours (GWh) of renewable gas annually, a deal valued at approximately £70 million ($94 million).
The project is the first of its kind for the UK food and beverage industry. It represents a regional first for PepsiCo across Europe, the Middle East, and Africa (EMEA), according to an ENGIE press release.
Under the agreement, which is expected to commence in 2027, ENGIE will construct a new anaerobic digestion (AD) plant. This facility will convert organic waste and residues into biomethane, a 100% renewable alternative to natural gas.
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