24 Oct '12, 10am

After IKEA yesterday, now M&S inks major AD green power deal

Marks & Spencer (M&S) has today inked a deal with waste management specialist Shanks Group that will see the retailer convert its own food waste into green electricity that will in turn be used to power over 30 of its stores. The company has signed a power purchase agreement with an anaerobic digestion (AD) plant in Cumbernauld, Glasgow that Shanks operates as a joint venture with Energen Biogas. FURTHER READING SSE and Fluor submit plans for 1GW Firth of Forth wind farm IKEA constructs multi-billion euro energy independence plan Financial details for the deal were not disclosed, but the companies confirmed M&S will send food waste to the plant and then purchase back about 19,000MWh of electricity a year from the facility, cutting emissions and closing the loop for its food waste. Giacinto Patellaro, head of energy supply and risk at M&S, said the deal would provide a furt...

Full article: http://www.businessgreen.com/bg/news/2219537/m-s-closes-f...

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