Dive Brief:
- Vanguard Renewables announced an agreement with AstraZeneca on Tuesday to supply RNG for the pharmaceutical company’s U.S. operations. AstraZeneca began purchasing renewable natural gas from Vanguard on June 1 for its Newark, Delaware, campus, and by 2026 could acquire 650,000 mmBtus of energy annually.
- The business-to-business agreement on the voluntary market is Vanguard’s largest to date and will involve three of its farm-based anaerobic digesters. The company has been working to scale up its on-farm digestion capacity after it was acquired by BlackRock for roughly $700 million last year.
- AstraZeneca has set a target to be “science-based net zero” emissions by 2045, according to the release, which Vanguard Renewables CEO Neil Smith called an “ambitious and challenging” goal. “We strongly believe this partnership will provide a path for other like-minded companies to join us on the journey towards global decarbonization,” Smith said in a statement. More >>