Engie to supply 4.3 TWh of renewable power to O-I in Europe

French utility Engie SA (EPA:ENGI) will supply a total of 4.3 TWh of renewable electricity to facilities in Europe of US glass bottle maker O-I Glass Inc (NYSE:OI) under a 10-year agreement.

The electricity will come from solar, wind and hydro sources, according to today’s announcement by the companies, which did not elaborate on the sites and markets where the green energy will be supplied.

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Engie has designed a tailor-made solution for the energy-intensive company using its large portfolio of carbon-neutral products, noted Olivier Bloeyaert, executive committee member of Engie’s global entity “Global Energy Management and Sales.”

O-I chief sustainability officer Randy Burns said the agreement supports the company’s goal of reducing its global greenhouse gas emissions by 25% by 2030 and its efforts to increase its global renewable electricity usage to between 30% and 35% this year.

This is the latest deal between the companies. Engine supplies natural gas and electricity to O-I in several European countries along with energy efficiency services for its factories in France. It also supplies electricity to O-I in Mexico and Peru. In the US, the utility provides 25% of O-I’s electricity consumption with renewable electricity.