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Mars signs Europe's first renewable energy acceleration contract in partnership with GoldenPeaks Capital
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Thursday, 09 October, 2025, 08 : 00 AM [IST]
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Virginia, USA
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Mars Incorporated, continues to advance its renewable energy acceleration strategy to cover its entire value chain by partnering with GoldenPeaks Capital, to launch more than 100 new solar projects in Poland.
This new contract with GoldenPeaks Capital in Poland is the result of what is considered to be the largest multi-acquirer transaction in the field of renewable energy in Central and Eastern Europe. It includes more than 100 new solar projects, which will come online in 2027, and will provide more than 129 MWac of clean energy to Mars and produce around 222 GWh per year – enough to power around 100,000 households each year, and support Poland's transition away from coal while advancing the EU's climate goals.
In addition to its contract, which covers direct operations and some electricity needs, Mars has partnered with Cargill, which has signed its own contract with GoldenPeaks Capital, which has helped scale up these new solar farms. The fact that a supplier like Cargill works directly on its electricity consumption complements the Mars Renewable Acceleration approach and creates a win-win situation for everyone.
Kevin Rabinovitch, global vice president of sustainability at Mars, said, "I am delighted to see the momentum of our renewable energy acceleration programme. Building on our recent work with Enel in North America, this new step in Europe clearly demonstrates our vision to make renewable energy the norm wherever Mars does business. It is unique and meaningful that one of our largest suppliers, Cargill, is joining us in accelerating the shift to clean energy for our shared supply chains, benefiting the communities we serve. Climate action needs to be global to be truly effective, and these partnerships show that it is possible to act at scale when we all work together."
Adriano Agosti, founder and chairman of GoldenPeaks Capital, said, "Mars, as a global company with the footprint of a small country, has turned its global responsibility into an opportunity, leading the decarbonisation process across its entire value chain. GoldenPeaks Capital is proud to be a partner and to play a role in achieving this global goal.”
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