Potential offtaker

Sonepar

www.sonepar.com

Estimated electricity consumption

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Countries of production presence

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Sonepar is a French multinational company that operates in the industrial wholesale and rental sector. The company was founded in 1969 by Henri Coisne and is headquartered in Paris, France. Sonepar has a global presence, with operations in over 40 countries and a workforce of more than 48,000 employees.

Sonepar's core business is the distribution of electrical products and services to industrial customers. The company offers a wide range of products, including electrical equipment, lighting, automation, and industrial supplies. Sonepar's customers include contractors, installers, and industrial end-users.

In recent years, Sonepar has been actively pursuing decarbonisation initiatives to reduce its carbon footprint and contribute to the fight against climate change. The company has set ambitious targets to reduce its greenhouse gas emissions and increase its use of renewable energy sources.

One of Sonepar's key initiatives in this area is its Corporate Energy program, which aims to improve the energy efficiency of the company's operations and reduce its carbon emissions. The program includes a range of measures, such as the implementation of energy-efficient technologies, the optimization of logistics and transportation, and the use of renewable energy sources.

As part of its Corporate Energy program, Sonepar has also implemented Corporate Power Purchase Agreements (PPAs) to support the development of renewable energy projects. PPAs are long-term contracts between energy buyers and renewable energy producers, which provide a stable revenue stream for renewable energy projects and enable buyers to secure a reliable and cost-effective source of renewable energy.

Sonepar has signed several Corporate PPAs in recent years, including agreements for wind and solar projects in France, Spain, and the United States. These agreements have enabled Sonepar to increase its use of renewable energy and reduce its carbon emissions, while also supporting the growth of the renewable energy sector.

In addition to its Corporate Energy program, Sonepar is also actively involved in promoting decarbonisation initiatives in the wider community. The company is a member of several industry associations and initiatives focused on sustainability and renewable energy, including the RE100 initiative, which brings together companies committed to using 100% renewable energy.

Sonepar's commitment to decarbonisation and renewable energy is not only driven by its environmental goals but also by its business strategy. The company recognizes that the transition to a low-carbon economy presents significant opportunities for growth and innovation, and is actively seeking to position itself as a leader in this area.

Sonepar's focus on decarbonisation and renewable energy is also reflected in its product offerings. The company has a range of products and services that enable its customers to reduce their energy consumption and increase their use of renewable energy sources. These include energy-efficient lighting solutions, solar panels, and energy management systems.

In conclusion, Sonepar is a leading player in the industrial wholesale and rental sector, with a strong commitment to decarbonisation and renewable energy. The company's Corporate Energy program and Corporate PPAs are key initiatives that demonstrate its commitment to reducing its carbon footprint and contributing to the fight against climate change. Sonepar's focus on sustainability and renewable energy is not only driven by its environmental goals but also by its business strategy, as the company recognizes the significant opportunities presented by the transition to a low-carbon economy.