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Kennecott Copper Secures 15-Year Renewable Energy Deal

11/17/2025

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Summary

Story summary

On September 27, 2022, Rio Tinto Kennecott Copper Mine signed a 15-year virtual power purchase agreement with TerraGen for renewable energy from a Texas wind farm.
Kennecott will acquire 78.5 megawatts from the Monte Cristo I project, generating over 850 gigawatt-hours of clean electricity annually, sufficient for approximately 81,000 homes.
This agreement supports Kennecott's goal to cut Scope 1 and Scope 2 emissions by 50% by 2030 and achieve net zero by 2050.

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Story summary

On September 27, 2022, Rio Tinto Kennecott Copper Mine signed a 15-year virtual power purchase agreement with TerraGen for renewable energy from a Texas wind farm.
Kennecott will acquire 78.5 megawatts from the Monte Cristo I project, generating over 850 gigawatt-hours of clean electricity annually, sufficient for approximately 81,000 homes.
This agreement supports Kennecott's goal to cut Scope 1 and Scope 2 emissions by 50% by 2030 and achieve net zero by 2050.