In its drive towards total renewable energy transition for two of its breweries, Lagos and Ama, Nigerian Breweries Plc, has signed a power purchase agreement with UK-based energy developer and investor, Konexa.

The company said this aligns with its business strategy and ‘Brew a Better World’ sustainability agenda and the transition of its operations to renewable energy across the country, reflects its commitment to the journey toward carbon neutrality across its footprints.

It will be recalled that the company signed a ten-year agreement with Konexa in 2022 to supply clean, renewable energy to its Kakuri and Kudenda Breweries to become carbon neutral.

Speaking during the contract signing ceremony held at the company’s head office in Iganmu, Lagos, Managing Director, Nigerian Breweries Plc, Hans Essaadi, described the agreement as a significant milestone in its 100 per cent renewable energy transition.

“This partnership underscores our commitment to reducing carbon emissions, lowering operational costs and achieving net zero before 2030. We recognise the critical role of renewable energy infrastructure in Nigeria, particularly amidst frequent outages. This collaboration demonstrates our dedication to accelerating the transition to renewable energy in our operations and we look forward to a successful partnership towards achieving this transition, especially in the face of the increasing cost of fossil fuels.”