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Decarbonization project

UnitedHealth Group VPPA and Solar Renewable Energy Investments

This project is operational in United States. The source does not give a quantified reduction for this project.

Status
Operational
Estimated reduction
Not quantified in the source
Countries
United States
Sector
Renewable power
Announced
26 March 2024
Expected start
2024

About this project

The description is as the source gives it.

UnitedHealth Group entered its first virtual power purchase agreement (VPPA) with Ørsted for 250 MW of renewable energy capacity. It also made a tax equity investment in Swift Current Energy's 260 MW Tres Bahias solar project in Texas. These contracted renewables support the company's targets to source 100% renewable electricity and reduce Scope 1 and 2 emissions by 60% by 2030. Evidence: "UnitedHealth Group is advancing a sustainable future through two new renewable energy initiatives: a 15-year virtual power purchase agreement (VPPA) with Ørsted and a separate investment in a renewable solar project owned by Swift Current Energy." — https://www.unitedhealthgroup.com/newsroom/posts/2024/2024-03-26-uhg-launches-renewable-energy-investments.html

Statuses, countries and reductions are as the public source states them, and may be out of date.

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