Ørsted enters into power purchase agreement with the Walmart Gigaton initiative in the U.S.

Five corporate suppliers to Walmart and Ørsted have signed a group power purchase agreement. The five Walmart cohort supply chain providers will purchase wind energy from Sunflower Wind in Marion County, Kansas.

Amy’s Kitchen, Great Lakes Cheese, Levi Strauss & Co., The J.M. Smucker Co., and Valvoline Inc. have collaborated to execute an aggregated purchase of renewable energy from Ørsted’s Sunflower Wind Farm located in Marion County, KS. Over the 12-year term of the agreement, the purchase is expected to generate approximately 250,000 MWh annually of new renewable power.

“Ørsted welcomes the opportunity to work with Walmart suppliers participating in Project Gigaton and Schneider Electric on this unique initiative which sets the standard for helping companies achieve a sustainable supply chain. This effort aligns with Ørsted’s own net-zero by 2040 supply chain initiative - we understand firsthand that in the realm of decarbonization there are no competitors, only partners. Ørsted looks forward to seeing this type of collaborative agreement trend across the industry,” says Ben Pratt, Vice President and Head of Markets and Revenue, at Ørsted.

Ørsted Onshore has an ambition to reach 17.5 GW in 2030 and aims to deliver approximately 1.5 GW of additional capacity annually whilst growing an energy portfolio consisting of wind, solar, storage and clean hydrogen.

For further information, please contact:

Ørsted Media Relations

Brent Seatter

About Ørsted

Ørsted develops, constructs, and operates offshore and onshore wind farms, solar farms, energy storage facilities, renewable hydrogen and green fuels facilities, and bioenergy plants. Ørsted provides energy products to its customers. Ørsted is the only energy company in the world with a science-based net-zero emissions target as validated by the Science Based Targets initiative (SBTi). Ørsted ranks as the world’s most sustainable energy company in Corporate Knights' 2022 index of the Global 100 most sustainable corporations in the world and is recognized on the CDP Climate Change A List as a global leader on climate action. Headquartered in Denmark, Ørsted's shares are listed on Nasdaq Copenhagen (Orsted). In 2021, the group's revenue was DKK 77.7 billion (EUR 10.4 billion).