Conagra Brands Collaborates with Bloom Energy to Utilize Fuel Cell Technology at its Ohio Production Facilities
Conagra Brands (NYSE: CAG) has partnered with Bloom Energy to implement fuel cell technology at its Troy and Archbold, Ohio production facilities through a 15-year power purchase agreement (PPA). The collaboration will deploy approximately six megawatts of power, covering 70-75% of the facilities' electricity needs while projecting a 19% reduction in greenhouse gas emissions.
Bloom's combustion-free fuel cells will provide sustainable and reliable electricity generation without releasing pollutants like nitrogen oxides, carbon monoxide, and particulate matter. This initiative supports Conagra's 2030 science-based greenhouse gas reduction targets.
Additionally, Conagra has established a $9 million Sustainability Capital Allowance program to support its facilities in achieving sustainability goals through supply chain modernization and environmental impact reduction.
Conagra Brands (NYSE: CAG) ha collaborato con Bloom Energy per implementare la tecnologia delle celle a combustibile presso i suoi stabilimenti di produzione a Troy e Archbold, Ohio, attraverso un accordo di acquisto di energia (PPA) della durata di 15 anni. La collaborazione prevede l'installazione di circa sei megawatt di energia, coprendo il 70-75% del fabbisogno elettrico degli stabilimenti, con una previsione di riduzione del 19% delle emissioni di gas serra.
Le celle a combustibile senza combustione di Bloom forniranno una generazione di elettricità sostenibile e affidabile senza rilasciare inquinanti come ossidi di azoto, monossido di carbonio e particolato. Questa iniziativa supporta gli obiettivi di riduzione dei gas serra basati sulla scienza di Conagra per il 2030.
Inoltre, Conagra ha istituito un programma di concessione di capitale per la sostenibilità di 9 milioni di dollari per supportare i suoi stabilimenti nel raggiungimento degli obiettivi di sostenibilità attraverso la modernizzazione della catena di approvvigionamento e la riduzione dell'impatto ambientale.
Conagra Brands (NYSE: CAG) se ha asociado con Bloom Energy para implementar tecnología de celdas de combustible en sus instalaciones de producción en Troy y Archbold, Ohio, a través de un acuerdo de compra de energía (PPA) de 15 años. La colaboración desplegará aproximadamente seis megavatios de energía, cubriendo el 70-75% de las necesidades eléctricas de las instalaciones, mientras se proyecta una reducción del 19% en las emisiones de gases de efecto invernadero.
Las celdas de combustible sin combustión de Bloom proporcionarán generación de electricidad sostenible y confiable sin liberar contaminantes como óxidos de nitrógeno, monóxido de carbono y material particulado. Esta iniciativa apoya los objetivos de reducción de gases de efecto invernadero basados en la ciencia de Conagra para 2030.
Además, Conagra ha establecido un programa de asignación de capital para sostenibilidad de $9 millones para apoyar a sus instalaciones en el logro de objetivos de sostenibilidad a través de la modernización de la cadena de suministro y la reducción del impacto ambiental.
Conagra Brands (NYSE: CAG)는 Bloom Energy와 협력하여 오하이오주 트로이 및 아치볼드에 있는 생산 시설에 연료 전지 기술을 도입하기 위해 15년 전력 구매 계약(PPA)을 체결했습니다. 이 협력은 약 6메가와트의 전력을 공급하여 시설의 전기 필요량의 70-75%를 충족하며, 온실가스 배출량 19% 감소를 예상하고 있습니다.
Bloom의 연소 없는 연료 전지는 질소 산화물, 일산화탄소 및 미세먼지와 같은 오염 물질을 방출하지 않고 지속 가능하고 신뢰할 수 있는 전기 생산을 제공합니다. 이 이니셔티브는 Conagra의 2030년 과학 기반 온실가스 감축 목표를 지원합니다.
또한, Conagra는 공급망 현대화 및 환경 영향 감소를 통해 지속 가능성 목표를 달성하기 위해 900만 달러의 지속 가능성 자본 허용 프로그램을 수립했습니다.
Conagra Brands (NYSE: CAG) s'est associé à Bloom Energy pour mettre en œuvre une technologie de piles à hydrogène dans ses installations de production à Troy et Archbold, Ohio, grâce à un contrat d'achat d'électricité (PPA) de 15 ans. Cette collaboration déploiera environ six mégawatts d'énergie, couvrant 70-75 % des besoins électriques des installations tout en prévoyant une réduction de 19 % des émissions de gaz à effet de serre.
Les piles à hydrogène sans combustion de Bloom fourniront une production d'électricité durable et fiable sans libérer de polluants tels que les oxydes d'azote, le monoxyde de carbone et les particules. Cette initiative soutient les objectifs de réduction des gaz à effet de serre basés sur la science de Conagra pour 2030.
De plus, Conagra a établi un programme de subvention de capital de durabilité de 9 millions de dollars pour aider ses installations à atteindre des objectifs de durabilité grâce à la modernisation de la chaîne d'approvisionnement et à la réduction de l'impact environnemental.
Conagra Brands (NYSE: CAG) hat sich mit Bloom Energy zusammengeschlossen, um in seinen Produktionsstätten in Troy und Archbold, Ohio, Brennstoffzellentechnologie im Rahmen eines 15-jährigen Stromabnahmevertrags (PPA) zu implementieren. Die Zusammenarbeit wird etwa sechs Megawatt Strom bereitstellen, was 70-75% des Strombedarfs der Einrichtungen abdeckt und eine Reduzierung der Treibhausgasemissionen um 19% prognostiziert.
Die emissionsfreien Brennstoffzellen von Bloom werden nachhaltige und zuverlässige Stromerzeugung bieten, ohne Schadstoffe wie Stickoxide, Kohlenmonoxid und Feinstaub freizusetzen. Diese Initiative unterstützt Conagras wissenschaftlich fundierte Ziele zur Reduzierung von Treibhausgasen bis 2030.
Darüber hinaus hat Conagra ein Programm zur Nachhaltigkeitskapitalzulage in Höhe von 9 Millionen Dollar eingerichtet, um seine Einrichtungen bei der Erreichung von Nachhaltigkeitszielen durch Modernisierung der Lieferkette und Reduzierung der Umweltauswirkungen zu unterstützen.
- 15-year PPA agreement ensures long-term stable power supply
- Technology will cover 70-75% of electricity needs at two facilities
- 19% projected decrease in greenhouse gas emissions
- $9 million investment in Sustainability Capital Allowance program
- None.
Insights
Conagra's 15-year power purchase agreement with Bloom Energy represents a strategic infrastructure investment with both operational and financial implications. The deployment of 6 megawatts of fuel cell technology across two Ohio facilities will supply
While specific financial terms weren't disclosed, the PPA structure typically allows companies to implement advanced energy technology without large upfront capital expenses, trading them for predictable long-term operational costs. This approach fits within Conagra's broader
The "always-on" power reliability highlighted in the release carries particular value in manufacturing settings, where production disruptions from grid instability translate directly to lost revenue. By securing consistent power generation at facilities in grid-constrained Ohio, Conagra is effectively mitigating operational risk.
This initiative aligns with an emerging corporate trend of viewing energy infrastructure not merely as a cost center but as a strategic asset that can enhance operational resilience while addressing sustainability objectives. For Conagra, the 15-year commitment indicates confidence in the technology's long-term economic viability alongside its environmental benefits.
This partnership represents meaningful progress toward Conagra's science-based targets, with the
The combustion-free nature of Bloom's fuel cells eliminates nitrogen oxides and carbon monoxide emissions typical of traditional power generation, addressing both climate concerns and local air quality – increasingly important considerations as consumers and investors scrutinize food companies' environmental footprints.
By validating its targets through the Science Based Targets initiative, Conagra has subjected its environmental goals to third-party verification, providing greater credibility to its sustainability claims. This approach helps mitigate greenwashing concerns that often accompany corporate environmental announcements.
The broader
For food manufacturers with energy-intensive production processes, investing in cleaner energy generation represents one of the most direct paths to meaningful emissions reductions, particularly in regions like the Midwest where the electricity grid remains heavily dependent on fossil fuels.
New Technology Leverages Renewable Energy Solutions and Advances Conagra's Climate Change Goals
Bloom's fuel cells generate resilient, sustainable and predictable electricity without combustion, with "always-on" power reliability. Bloom's combustion-free fuel cells avoid the release of pollutants such as nitrogen oxides, carbon monoxide and other particulate matter typically associated with combustion-based power generation methods.
"We are delighted to partner with Conagra Brands, a leading branded food company," said Adam Colling, C&I Sector Leader at Bloom Energy. "Our collaboration underscores Bloom's commitment to providing clean and reliable energy solutions and driving economic value in grid-constrained regions like
"We are committed to channeling our operational efficiency efforts into strategic areas where we can make a significant impact across our production process. We expect Bloom's fuel cells to provide cleaner and reliable power at our
Complementing this project, Conagra established a
Conagra's efforts to enhance sustainability at its production facilities are part of the company's broader Citizenship strategy, which encompasses a wide range of topics and is guided by four focus areas: Good Food, Responsible Sourcing, Better Planet and Stronger Communities. To learn more about Conagra's sustainability initiatives, visit https://www.conagrabrands.com/our-company/corporate-social-responsibility
About Conagra Brands
Conagra Brands, Inc. (NYSE: CAG), is one of North America's leading branded food companies. We combine a 100-year history of making quality food with agility and a relentless focus on collaboration and innovation. The company's portfolio is continuously evolving to satisfy consumers' ever-changing food preferences. Conagra's brands include Birds Eye®, Duncan Hines®, Healthy Choice®, Marie Callender's®, Reddi-wip®, Slim Jim®, Angie's® BOOMCHICKAPOP®, and many more. As a corporate citizen, we aim to do what's right for our business, our employees, our communities, and the world. Headquartered in Chicago, Conagra Brands generated fiscal 2024 net sales of more than
About Bloom Energy
Bloom Energy empowers businesses and communities to responsibly take charge of their power needs. The company's leading solid oxide platform for distributed generation of electricity and hydrogen is changing the future of energy. Fortune 100 companies around the world turn to Bloom Energy as a trusted partner to deliver lower carbon electricity today and a net-zero future. For more information, visit www.BloomEnergy.com.
Forward Looking Statements
This press release contains certain forward-looking statements, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally relate to future events or our future financial or operating performance. In some cases, you can identify forward-looking statements because they contain words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," "will" and "would" or the negative of these words or similar terms or expressions that concern Bloom's expectations, strategy, priorities, plans, or intentions. These forward-looking statements include, but are not limited to, expectations regarding percentage of electricity needs to be met by Bloom solutions and reductions in greenhouse gas emissions. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results due to a variety of factors including, but not limited to, risks and uncertainties detailed in Bloom's SEC filings. More information on potential risks and uncertainties that may impact Bloom's business are set forth in Bloom's periodic reports filed with the SEC, including its Annual Report on Form 10-K for the year ended December 31, 2024, filed with the SEC on February 27, 2025, as well as subsequent reports filed with or furnished to the SEC. Bloom assumes no obligation to, and does not intend to, update any such forward-looking statements.
For more information, please contact:
media@conagra.com
Katja Gagen, Director Corporate Communications
press@bloomenergy.com
1 Conagra committed to reducing absolute Scope 1 and 2 greenhouse gas emissions by
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SOURCE Conagra Brands, Inc.
FAQ
How much electricity will Bloom Energy's fuel cells provide to Conagra's Ohio facilities?
What is the duration of CAG's power purchase agreement with Bloom Energy?
How much will Conagra's greenhouse gas emissions decrease with the new fuel cell technology?
How much has CAG allocated for its Sustainability Capital Allowance program?
Which Conagra facilities will implement Bloom Energy's fuel cell technology?
