Air Products announced a significant step forward in its commitment to sustainability through the signing of a Power Purchase Agreement (PPA) for renewable energy with Eneco. This strategic agreement reaffirms Air Products' dedication to help address climate impacts and sourcing a substantial portion of its energy needs in The Netherlands from renewable sources. Under the terms of this 10-year PPA, Air Products will source the majority of its current merchant business energy consumption for liquid nitrogen and oxygen production in The Netherlands from a reliable and renewable energy source.

The renewable electricity will be generated at the Vlagtwedde Solar PV farm in the northeast of The Netherlands. The signed PPA will enable Air Products to reduce emissions equivalent to the carbon footprint of approximately 45,000 households over the duration of the contract. This commitment represents an important milestone in the company's ongoing efforts to reduce its carbon footprint in The Netherlands and contribute to a more sustainable future.

Last year, the company announced its plans to build Europe's largest blue hydrogen facility based in the Port of Rotterdam. This was preceded by the announcements of Air Products' plans for a renewable energy import terminal, and the first Rotterdamgreen hydrogen truck refuelling station. The 10-year contract reflects Air Products' long-term vision to work to accelerate the energy transition and continue to work to generate a cleaner future.