McDonald’s And eBay Signs An Agreement To Purchase 345 MW Of The US Project

McDonald’s Corporation and eBay Inc. recently announced agreements with Lightsource bp to purchase power from what will be Louisiana’s largest solar project, located 30 miles northwest of Baton Rouge in Pointe Coupee Parish.

The 345 megawatt Ventress Solar project will help McDonald’s and eBay meet their sustainability goals and advance their commitment to climate action while growing Lightsource bp’s expanding the footprint of solar assets across the Southeast.

Once complete, the project will generate over 600,000 megawatt-hours (MWh) of clean energy annually, equivalent to the average annual consumption of 59,000 US homes.

Emma Cox, Global Renewable Energy Lead at McDonald’s, said, “As one of the world’s largest restaurant companies, McDonald’s is uniquely positioned to help spur significant action around climate change. Our renewable energy deal with Lightsource bp will not only create Louisiana’s largest solar project and serve as the latest milestone in making significant progress toward our science-based emissions reduction target for 2030, but also demonstrate our belief that meaningful solutions to building a sustainable future require partnership and collaboration.”

“At eBay, investing in clean energy remains a focus of our business as we aim to attain 100% renewable energy by 2025,” said Renee Morin, Chief Sustainability Officer, eBay. “This project enables us to source the clean energy equivalent of our data center. Our collaboration with Lightsource bp and McDonald’s uniquely propels our shared goal to accelerate the transition to a clean energy economy.”

Construction is expected to begin as early as the end of this year on the Ventress Solar farm, with commercial operation starting in mid-2023. Lightsource bp is developing the project and will be the long-term owner and operator.

“This agreement is a great example of the teamwork needed to achieve our mutual goals for a healthier, more sustainable, and resilient planet and economy for generations to come,” said Kevin Smith, CEO of the Americas for Lightsource bp. “Customer aggregation deals such as this allow businesses of varying sizes and energy needs to come together and spur meaningful development of clean and affordable energy sources in the US. This collaborative agreement by McDonald’s and eBay is a model we hope others will replicate.”

The project is anticipated to assist both companies to take significant steps towards a reduction in carbon emissions.