Onshore wind

Air Products Signs Virtual Power Purchase Agreement with GIG’s Scieki Wind Farm

30 March 2021

Air Products (NYSE: APD), a world-leading industrial gases company, has signed a long-term, virtual power purchase agreement (VPPA) in Poland with Scieki onshore wind farm, owned by Macquarie’s Green Investment Group (GIG). 

The agreement supports Air Products’ "Third by '30' goal" to reduce its CO₂ emissions intensity (kg CO₂/MM BTU) one-third, by 2030, from a 2015 baseline.

By increasing the volume of renewable electricity sourced by corporates, the VPPA is also working in support of Poland’s renewable energy goals. The country is transforming its energy mix through its target to deliver 23% of generation from renewable energy by 2030. Wind projects, such as Scieki, are essential to achieving this target.

GIG has now supported 18 corporates to secure PPAs for over 3 GW of renewable energy capacity. The PPA team are currently active in Europe, America, Asia and Australia – and have put in place agreements in eight markets.

“Delivering cleaner energy solutions is an important part of Air Products’ past, present and future, not just for us as a company, but also for our customers, partners and the communities where we operate. There is a real commitment in Poland and within the European Union, to address climate challenges with urgency and positive action. Air Products has that same desire towards an effective path in the broader energy transition.” 

Jacek Cichosz
General manager – Industrial Gases, Poland

“Air Products is playing a leading role in the energy transition. As such, we are delighted to structure this PPA and play a role in accelerating Air Products’ own renewable energy and sustainability journey in Poland.”

Edward Northam 
Head of GIG Europe 

The Air Products VPPA in Poland was advised by Schneider Electric, which acted as a full-service buyer’s advisor and assisted Air Products in project selection and negotiations.

"Air Products is demonstrating its commitment to sustainability by signing a VPPA in Poland. We want to congratulate Air Products on this sustainability milestone and for helping to accelerate the European renewable energy transition.”

Philippe Diez 
Vice President of Energy & Sustainability Services EMEA at Schneider Electric 

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About Air Products

Air Products (NYSE:APD) is a world-leading industrial gases company in operation for 80 years. Focused on serving energy, environment and emerging markets, the Company provides essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemical, metals, electronics, manufacturing, and food and beverage. Air Products is also the global leader in the supply of liquefied natural gas process technology and equipment. The Company develops, engineers, builds, owns and operates some of the world's largest industrial gas projects, including: gasification projects that sustainably convert abundant natural resources into syngas for the production of high-value power, fuels and chemicals; carbon capture projects; and world-scale carbon-free hydrogen projects supporting global transportation and the energy transition.

The Company had fiscal 2020 sales of $8.9 billion from operations in 50 countries and has a current market capitalization of about $60 billion. More than 19,000 passionate, talented and committed employees from diverse backgrounds are driven by Air Products’ higher purpose to create innovative solutions that benefit the environment, enhance sustainability and address the challenges facing customers, communities, and the world. For more information, visit www.airproducts.com or follow us on LinkedIn, Twitter, Facebook or Instagram.

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