Potential offtaker

Cementos Argos SA

www.argos.com.co

Estimated electricity consumption

N/A

Countries of production presence

N/A

Cementos Argos is a Colombian company that operates in the cement sector. The company has a rich history that dates back to 1934, when it was founded by the Argos family. Today, Cementos Argos is one of the largest cement producers in Latin America, with operations in Colombia, the United States, Central America, and the Caribbean.

Cementos Argos is committed to sustainability and has set ambitious goals to reduce its carbon footprint. The company has a long-term vision to achieve decarbonisation and is taking steps to reduce its greenhouse gas emissions. One of the ways that Cementos Argos is achieving this is by investing in renewable energy.

Corporate energy is a key area of focus for Cementos Argos. The company is committed to reducing its energy consumption and increasing the use of renewable energy sources. In 2019, Cementos Argos signed a corporate power purchase agreement (PPA) with Enel Green Power Colombia, which will provide the company with 10% of its energy needs from renewable sources. This PPA will help Cementos Argos to reduce its carbon footprint and move towards decarbonisation.

Renewable energy is a priority for Cementos Argos, and the company is investing in solar and wind energy projects. In 2020, Cementos Argos announced that it had signed an agreement with the Colombian government to develop a 10 MW solar project in the department of Tolima. The project will generate clean energy and reduce the company's carbon footprint.

Cementos Argos is also investing in wind energy. In 2019, the company signed a PPA with a wind farm in La Guajira, Colombia. The wind farm will provide Cementos Argos with 10% of its energy needs from renewable sources. This PPA will help the company to reduce its greenhouse gas emissions and move towards decarbonisation.

In addition to investing in renewable energy, Cementos Argos is also implementing energy efficiency measures. The company has implemented a number of initiatives to reduce its energy consumption, including the use of energy-efficient lighting and equipment, and the implementation of energy management systems.

Cementos Argos is committed to sustainability and has set ambitious goals to reduce its carbon footprint. The company is investing in renewable energy and implementing energy efficiency measures to achieve decarbonisation. The company's commitment to sustainability is reflected in its corporate culture and its operations, and it is a leader in the cement sector in Latin America.