Snacking, meals, and pet care merchandise supplier Mars introduced that it has signed a brand new contract with funding supervisor Foresight Power Infrastructure Companions to safe the vast majority of the output of a large-scale wind farm in Sweden, marking one of many firm’s largest renewable power commitments in Europe thus far.
The brand new settlement types Mars’ second European contract below its Renewable Acceleration program, aimed toward accelerating the shift from fossil fuels to scrub power throughout the corporate’s operations and its international worth chain. Mars introduced the launch of this system in 2025, with Enel North America as its first power companion, adopted by a take care of renewable power developer GoldenPeaks Capital to launch greater than 100 new photo voltaic initiatives in Poland.
Underneath the brand new settlement, Mars has secured 70% of the annual manufacturing from the newly commissioned 277 MW Kölvallen Wind Farm in Sweden, which can present the corporate with roughly 670 GWh of fresh electrical energy every year.
In accordance with Mars, its dedication helped allow Foresight to maneuver ahead with development and financing of the venture.
Richard Thompson, Accomplice, Foresight Group mentioned:
“We’re delighted to companion with Mars on the supply of certainly one of Europe’s most superior onshore wind developments. Kölvallen will present significant environmental and financial advantages for many years to come back, from substantial emissions reductions to native funding and expert job creation. We’re proud to work alongside Mars in setting a brand new benchmark for impactful, group targeted renewable power initiatives.”
Mars set a objective in 2023 to chop carbon emissions throughout its full worth chain in half by 2030, with initiatives deliberate to succeed in its goal together with transitioning to renewable power, in addition to redesigning provide chains to cease deforestation, working with farmers on regenerative agriculture and different sensible agriculture initiatives, and bettering and optimizing logistics. The corporate introduced in September 2025 that it achieved 100% renewable power in its Snacking factories in Europe. In accordance with a latest report by BloombergNEF, Mars was a top-5 international purchaser of fresh power in 2025.
Kevin Rabinovitch, World VP Sustainability at Mars, mentioned:
“Our dedication to companion with Foresight Group on this Swedish wind farm is a transparent demonstration of our ambition to assist the renewable power transition throughout Europe. By the Renewable Acceleration Program, we’re making renewables the usual for our whole worth chain, driving impactful change not just for our enterprise but in addition for the communities and areas the place we function.”
