Displaying items by tag: Ox2

Italy: Heidelberg Materials Italy, formerly Italcementi, has entered into a seven-year supply agreement with Ox2. Under the deal, Ox2 will sell up to 70% of the energy generated at the Stornarella wind farm in Foggia. The farm was developed in partnership with Nuveen Infrastructure.

The Stornarella wind farm will be constructed in 2024. Once operational, it will provide an average of 37 - 51GWh/yr of clean energy from 2025 to 2032. Nuveen Infrastructure has purchased the wind farm, which will feature six turbines with a total installed capacity of 27MW and an estimated output of 73GWh/yr.

Stefano Gallini, CEO of Heidelberg Materials Italy, said "Energy is a fundamental component of our industrial process and represents one of the main levers of decarbonisation for the entire cement sector. The electrical component can also contribute significantly to this purpose, and we have identified reliable partners like Ox2 and Nuveen to accompany us on this journey."