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Rivian Inks Wind Energy Deal with Apex Clean Energy to Power Illinois Manufacturing

NORMAL, Ill.--(BUSINESS WIRE)-- Rivian and Apex Clean Energy today announced the signing of a power purchase agreement (PPA) for 50 megawatts (MW) of

articleRivian Automotive, Inc.December 5, 20224/company/rivian-automotive-inc/news/rivian-inks-wind-energy-deal-with-apex-clean-energy-to-power-illinois-manufacturing
Rivian Inks Wind Energy Deal with Apex Clean Energy to Power Illinois Manufacturing

About this update from Rivian Automotive, Inc.

[{"type":"text","content":" NORMAL, Ill.--(BUSINESS WIRE)--\nRivian and Apex Clean Energy today announced the signing of a power purchase agreement (PPA) for 50 megawatts (MW) of electricity from the renewable energy company’s proposed Goose Creek Wind farm in Piatt County, Illinois. As Rivian’s first large-scale procurement, the agreement supports the company’s long-term vision of enabling high-impact renewable energy projects that reduce its carbon footprint while also benefiting customers, communities, and the electrical grid.\n\nThis purchase, along with other renewable sourcing and on-site generation, will allow Rivian to power as much as 75% of its Normal, Illinois, plant operations with carbon-free energy on an hourly basis. The PPA will also contribute to the company’s commitment to power its Rivian Adventure Network and Waypoints charging with 100% renewable energy. Importantly, this is Rivian’s first major renewable energy purchase and a critical investment in Illinois—supporting homegrown jobs, economic development, tax revenues, and clean energy in the Prairie State.\n\n“About a third of global greenhouse gas emissions come from transportation, with nearly another third from electricity generation. We have a tremendous opportunity at Rivian to help tackle emissions beyond the tailpipe to support decarbonization of manufacturing and charging of electric vehicles,” said Andrew Peterman, Rivian Director of Renewable Energy. “Long-term success for us means helping to accelerate the transition to carbon-free energy across the entire economy, not just within Rivian’s own footprint.”\n\nRivian’s renewable energy strategy combines climate impact, community, and local ecological considerations. Working with The Nature Conservancy and its Site Renewables Right initiative, Rivian aims to support grid decarbonization while also promoting renewable developments that enhance the land, protect critical biodiversity, and improve local economies.\n\n“With Goose Creek Wind, Rivian is modeling an innovative approach to clean energy procurement—one that emphasizes maximum benefit to the local community, economy, and environment,” said Mark Goodwin, President and CEO of Apex. “Apex continues to expand opportunities for corporations committed to strengthening local project areas, reducing carbon impact, and restoring natural habitat—all priorities for Rivian as it ...

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