Australia’s leading brewer, Carlton & United Breweries (CUB), is today sourcing renewable electricity for its brewery operations.

CUB is adopting renewable energy as the way forward, having earlier this year signed a 12-year Power Purchase Agreement (PPA) with German renewable energy developer, service provider and wholesaler, BayWa r.e.

With the completion of BayWa r.e.’s 112MW Karadoc solar farm in northern Victoria, CUB is now using renewable energy sourced from the farm. This takes the brewer one step closer to sourcing 100% of its electricity from renewable energy.

CUB’s PPA provides 74,000 MWh a year – enough to power 7,500 homes – from the solar farm which achieved full energization in November.

The solar farm, which at 664 acres is the largest in northern Victoria, has been developed by BayWa r.e. and was constructed by Melbourne-based Beon Energy Solutions.

CUB’s Business Unit President, Peter Filipovic, said: “This is an important step towards achieving our commitment to source 100 per cent of our electricity from renewables.

“In addition to our PPA, we will soon be installing solar panels at our breweries.

“Everyone has a responsibility to play their part to tackle climate change. CUB is no different.

“CUB is absolutely committed to delivering on an ambitious environmental and sustainability agenda.

“The investment also stacks up when you look at the reduced price we will be paying to power our operations. Moving to renewable energy will ensure that we have certainty of supply and pricing.”

Matthias Taft, Board Member of BayWa AG, commented: “This is a great milestone for BayWa r.e. in Australia, since entering the market in 2016 we have become active in solar and wind development as well as the solar installer wholesaler market.

“With Karadoc coming online, the partnership we have with CUB is a great example of how corporations are taking an active lead in driving the renewable transition in Australia and we are delighted to be playing our part in supporting CUB in realising its renewable energy goals”.

About Carlton & United Breweries

CUB is one of the most iconic beer companies in Australia with a history dating back to 1832.

We brew some of Australia’s most famous beers, including Victoria Bitter, Carlton Draught, Crown Lager, Pure Blonde, Cascade, the Yak Ales, Great Northern as well as ciders including Mercury. Our stable of brands includes global beer brands such as Corona, Budweiser and Stella Artois.

About BayWa r.e. renewable energy GmbH (BayWa r.e.):

Across solar and wind, at BayWa r.e. we r.e. think energy – how it is produced, stored and best used.

We are a leading global developer, service supplier, wholesaler and energy solutions provider.

We deliver renewable energy solutions worldwide, and have brought 2 GW of energy online, while managing 5 GW of assets.

BayWa r.e is a leading supplier to the solar wholesale market. We also have a rapidly growing energy trading business.

Part of the €16 billion BayWa Group, every day we are working hard to find new solutions, push technological boundaries and actively shape the future of energy.

Contact information:

Carlton & United Breweries

Reid Sexton

External Communications Manager

Tel: 0413 777 393

E-Mail: reid.sexton@cub.com.au

BayWa r.e. Solar Projects Pty Ltd

Daniel Parsons

Director

Tel: +61 422 455 531

E-Mail: daniel.parsons@baywa-re.com