Novartis buys green electricity from Spain

Swiss pharmaceutical giant Novartis enters five VPPAs with three different companies.

Photo: Arnd Wiegmann/Reuters/Ritzau Scanpix

Novartis has entered five virtual power purchase agreements (VPPAs) totaling 275 MW as part of the pharmaceutical firm's ambition to become carbon-neutral across all its activities by 2025, and across the value chain by 2030.

The agreements were signed with Acciona, EDPR and Enel.

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