Mars and Cargill Deepen Renewable Energy Partnership

Two leading global food companies, Mars and Cargill, announced they are spurring the development of more than 224MWac of new renewable energy capacity through five virtual power purchase agreements (PPAs) in Poland. The PPAs were signed with GoldenPeaks Capital, one of Europe’s fastest-growing independent producers of renewable energy.

Two leading global food companies, Mars and Cargill, announced they are spurring the development of more than 224MWac of new renewable energy capacity through five virtual power purchase agreements (PPAs) in Poland.

This collaboration builds on Mars and Cargill’s existing work on renewable energy and reflects an innovative approach to supplier-customer engagement on climate action. The companies signed what is believed to be the largest multi-buyer renewable energy agreement in Poland and the Central and Eastern Europe (CEE) region, which is Europe’s most carbon-intensive grid.

GoldenPeaks Capital will develop the new solar projects, which are expected to come online in 2027 and generate enough clean energy to power an estimated 200,000 households every year. 3Degrees, a leading global climate solutions provider, facilitated the agreements on behalf of Mars and Cargill.

This effort demonstrates how supplier-customer partnerships can drive emissions reductions at scale and accelerate progress toward shared climate goals – offering a replicable model for the broader food and agriculture sector.