AB InBev joined the RE100 initiative in early 2017 , committing to procure 100 % renewable energy by 2025 . This is a progressive commitment and companies , like AB InBev , can meet their renewable energy needs in several ways , including purchasing Energy Attribute Certificates ( EAC ), entering into a long-term Power Purchase Agreement ( PPA ) or signing up for a Green Tariff . The ways an organization can purchase renewable energy is constantly changing and the contract structures are becoming more complex and innovative each day , including financial hedges and weather derivatives . At Enel Green Power , we work with our partners to help them understand these different structures and what options are available in each country where they operate . We spend time understanding the goals and challenges of each organization and walk through the different options available , providing the right solution that meets their goals , delivers cost certainty and minimizes risk . We have worked with AB InBev to find customized solutions in the United States and in Chile . In the US , the contract is a Virtual PPA , which is a long term commitment also known as a Contract for Differences ( CfD ). In Chile , a Green Tariff provided by Enel Distribution Chile is supplied by an Enel Green Power Solar PV plant .

VIRTUAL ( OR FINANCIAL )

PROJECT OFF-TAKER

SOLUTION

THE BUDWEISER WIND FARM AT THUNDER RANCH OKLAHOMA 298 MW $ 435 MILLION INVESTMENT 1,100 GWH ANNUAL GENERATION

AB INBEV NEEDED TO PROCURE RENEWABLE ENERGY TO SUPPLY THEIR BUDWEISER BREWERIES IN THE US

VIRTUAL POWER PURCHASE AGREEMENT ( VPPA ) ENEL GREEN POWER IS SELLING THE ELECTRICITY GENERATED BY A 152.5 MW PORTION OF THE WIND PROJECT TO AB INBEV THE RENEWABLE ENERGY PURCHASED IS ENOUGH TO BREW MORE THAN 20 BILLION 12 OZ SERVINGS OF BEER EACH YEAR 30 % CO 2

FOOTPRINT REDUCTION

GREEN TARIFF WITH VOLUNTARY RENEWABLE CERTIFICATION

NEED SOLUTION

BENEFITS

AB INBEV NEEDED TO IMPROVE SUSTAINABILITY WITH RENEWABLE ENERGY THAT COULD CERTIFY THEIR PRODUCTION PLANT IN THE CAPITAL CITY , SANTIAGO

IMPLEMENTATION OF ENEL CHILE CLEAN ENERGY SUPPLY PROVIDED BY THE ENEL GREEN POWER SOLAR PV PLANT DIEGO DE ALMAGRO , LOCATED IN THE ATACAMA DESERT

19 GWH / Y OF CLEAN ENERGY SUPPLY WITH CONSIDERABLE REDUCTION OF THEIR CARBON FOOTPRINT FIRST BREWERY IN CHILE WITH RENEWABLE SUPPLY CERTIFICATION