GoldenPeaks Capital and Reckitt Sign 10-Year Power Purchase Agreement in Poland

Warsaw, May 21, 2024 - GoldenPeaks Capital and Reckitt have signed a 10-year Power Purchase Agreement in Poland. This agreement promotes further decarbonization of the country's grid and helps Reckitt achieve its green goals.

GoldenPeaks Capital, a fast-growing independent power producer in Eastern Europe, continues its mission to aid corporations in their carbon reduction efforts. The agreement signifies another long-term partnership announced by GoldenPeaks Capital in 2024.

GoldenPeaks Capital will supply Reckitt with 20 gigawatt hours of carbon-free electricity annually. This contributes to Reckitt's ambition to operate with 100% renewable electricity by 2030. The annual green electricity provided by this PPA is equivalent to powering an electric vehicle around the Earth's equator approximately 2,700 times, saving carbon emissions comparable to the yearly CO2 absorption of around 700,000 mature trees.

Adriano Agosti, Founder and President of GoldenPeaks Capital, expressed pride in partnering with Reckitt, a leader in consumer health, hygiene, and nutrition with over 200 years of history, aiding their net-zero greenhouse gas emissions target.