AB Group Packaging signs green energy deal with Vayu
€250,000 per annum agreement will see Vayu supply AB Group with gas and 100% green electricity
Print8 December 2014
AB Group Packaging, one of Ireland’s biggest manufacturers of packaging products for the food and retail sectors, has signed a gas and renewable electricity deal with Irish energy supplier Vayu. Valued at €250,000 per annum, the agreement will see Vayu supply AB Group with gas and 100% green electricity to meet the year-round energy requirements for its production facility in Blessington, Co. Wicklow.
Established in 1985, AB Group Packaging Ireland specialises in printed films products, waxed bread paper and paper carrier bags. Its customers include some of Ireland and the UK’s largest food manufacturers and retailers, who are increasingly seeking 100% recycled packaging products.
As part of its environmental sustainability programme, AB Group Packaging uses locally sourced materials and works closely with both the Programme for the Endorsement of Forest Certification (PEFC) and the Forest Stewardship Council (FSC) to maintain and replenish forests. The company has achieved enormous progress to date through initiatives that significantly reduce waste throughout the production chain.
A critical consideration for AB Group in choosing Vayu as its energy partner was the ability to source fully traceable, green electricity for its production facility, thereby helping to further reduce the company’s carbon footprint and minimise its impact on the environment. Vayu is the only energy company in Ireland to supply all its business customers with electricity 100% attributed to renewable sources. This means that the carbon footprint of Vayu’s customers is zero in terms of the electricity they consume.
The energy deal allows AB Group to achieve significant savings in energy costs with direct access to wholesale market prices for both electricity and gas. As part of a fully managed agreement, Vayu will provide AB Group with the procurement tools and advice to purchase energy at the best price available in the market. Vayu will also provide AB Group with a tailored energy management system to monitor the company’s energy performance in real time to reduce overall energy costs.
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