. Genneia, a leading company in renewable energy generation in Argentina, agreed with Bayer, the global company specialized in health and nutrition, to supply clean energy for the equivalent of 50% of the demand of its plants located in Pilar, province of Buenos Aires. . In this way, and added to the rest of its supply sources, Bayer will be able to cover 75% of its consumption with energy from renewable sources, it was indicated.
With more than a century of innovation in the country, Bayer’s Health division has its two production plants in Pilar. On the one hand, there is Plant 1, which covers the production of analgesics and hormones, and on the other, Plant 2, which concentrates the manufacturing of the company’s vitamin products.
These operations guarantee the supply of 2.5 billion tablets to 12 destinations in Latin America and Asia, with the highest quality standards, certified by the most prestigious regulatory entities, it was described in a statement.
The new alliance between these companies is carried out through the Renewable Energy Term Market (MATER) system, establishing a green energy provision contract for both plants for a period of 7 years, starting on May 1, 2024.
The renewable energy will be supplied from a pool of Genneia assets, made up of the company’s wind and solar farms.
Bayer highlighted that the Company assumed a firm commitment to reducing its carbon footprint by working with determination to achieve carbon neutrality by 2030, being aligned with the SDGs and the Paris Climate Agreement.
Gustavo Castagnino, Director of Corporate, Regulatory and Sustainability Affairs at Genneia added: “We are proud to be able to provide green energy to one of the leading global health and agro companies and accompany them in this process. This action allows us to continue advancing in an increasingly solid change in renewable energy to decarbonize industrial processes.”
These solutions seek to preserve, restore and effectively manage natural ecosystems to capture and/or avoid CO2 emissions into the environment.
Daniel Bettinelli Principal Director of Bayer Planta Pilar, highlighted that “at Bayer we understand that Sustainability is a condition for developing the business, and Planta Pilar’s commitment to reducing the carbon footprint is an example of this. Thanks to this agreement In the long term, 75% of our energy consumption will come from renewable sources, moving towards our goal of 100% green energy in the short term.”
About Bayer
Bayer is a multinational company with key competencies in the bioscientific fields of health and food. With its products and services, the company aspires to be useful to humanity and protect the environment by contributing to finding solutions to the main challenges posed by the constant aging and growth of the world’s population.
In fiscal year 2023, the Group employed approximately 100,000 people and had sales of 47.6 billion euros. R&D expenses before special items totaled 5.8 billion euros.
About Genneia
Genneia is a leading company in the provision of sustainable energy solutions in Argentina, with 19% of the total installed power, reaching 21% of wind energy generation and 12% of solar energy. With the entry into operation of the Tocota III Solar Park, it reached 1,004 MW of renewable energy, consolidating its leadership in the clean energy sector.
With its Rawson, Trelew, Madryn, Chubut Norte, Villalonga, Pomona and Vientos de Necochea wind farms, the company has a power of 784 MW in wind energy; and is currently advancing the construction of the La Elbita Wind Farm in Tandil, where 36 state-of-the-art wind turbines with a power of 162 MW will be assembled and will come into operation by the end of 2024.
Among its three solar parks, Genneia also has 220 MW of installed capacity, made up of 520,000 solar panels.
