First commercial and industrial PPA for Equatorial Coca-Cola Bottling Company in West Africa.

The Coca Cola Bottling Company of Ghana (TCCBCG), part of Equatorial Coca-Cola Bottling Company Group, and CrossBoundary Energy are today announcing the signing of Ghana’s largest commercial solar services agreement. They will be installing and operating a 1.33 MWp solar power plant at the company’s Accra bottling facility. 

This is the first commercial and industrial power purchase agreement (PPA) for Equatorial Coca-Cola Bottling Company in West Africa. It signals a commitment from the company towards the preservation of the resources and environment of the region.

The solar system is being financed and operated by CrossBoundary through a 15-year solar services agreement with TCCBCG. This will deliver substantial savings on TCCBCG’s current price of power and reduce the site’s carbon emissions by over 25,000 tons over the plant’s 30+ year lifetime.

Bethel Yeboah, Public Affairs and Communications Manager, TCCBCG says, “TCCBCG is committed to preserving Ghana’s resources to generate sustainable growth. This solar plant will see the production of clean energy to power our operations from our own rooftop.  Along with our other initiatives in plastics recycling and water conservation, it shows how a company like ours can generate a positive environmental and economic impact for our consumers and communities.”

CrossBoundary aggregates finance for medium-scale renewable self-generation. It is currently operating the largest portfolio of financed commercial solar assets in East and West Africa.

Under the solar services agreement with TCCBCG, CrossBoundary will finance the construction and oversee the management of the plant. TCCBCG will only pay for the power produced and the tariff will include all maintenance, monitoring, insurance and financing costs.

Matt Tilleard, Managing Partner, CrossBoundary says, “TCCBCG was quick to see the benefits of CrossBoundary delivering energy-as-a-service. We’ve got funding and project experience that is totally focused on commercial solar projects like this. So we can underwrite the project and manage the risk, leaving TCCBCG free to get on with its core business.”

This plant will be a roof-mounted, solar PV solution, using tier-1 solar panels and invertor technology. It will have automated integration with the existing grid and diesel supply.

The plant is expected to create at least 20 jobs in Ghana via construction as well as operations and maintenance activities for the next 15 years. CrossBoundary has engaged Solarcentury to construct the plant and SolarAfrica to manage project delivery.

For commercial enquiries on CrossBoundary Energy, please contact:

Matthew Tilleard, CrossBoundary Energy, matt.tilleard@crossboundary.com

For media enquiries on CrossBoundary Energy, please contact:

Anne Njoroge, Levanter Africa, anjoroge@levanterafrica.com,+254712238589

For media enquiries on The Coca Cola Bottling Company Ghana, please contact:

Bethel Yeboah: byeboah@tccbcg.eccbc.com

Ernest Yeboah Obeng: eobeng@tccbcg.eccbc.com 

About The Coca Cola Bottling Company of Ghana

The Coca-Cola Bottling Company of Ghana Limited (TCCBCGL), part of the ECCBC group, is a non-alcoholic beverage manufacturing company producing some of Coca-Cola’s world favourite non-alcoholic beverage brands.  In March 1995, the company located to its current site at Spintex, Accra and have been in operation since then.

Our mission is to reward our stakeholders by developing and managing a profitable total beverage system that refreshes the people of Africa.

We take pride in our people and in giving back to the communities we serve proudly, as we strive to refresh and create new value for our consumers, customers and other stakeholders.

About Equatorial Coca Cola Bottling Company

Equatorial Coca-Cola Bottling Company (ECCBC) started in 1989 in Africa with the concession of Equatorial Guinea. Subsequently, other countries such as Guinea Conakry, Mauritania, Cape Verde, Guinea Bissau and The Gambia, joined the venture. ECCBC was founded in 1997 as a new company to combine the operations of all these countries. Last two decades ECCBC has expanded operations to Ghana, Morocco and Algeria, and today operates in 13 countries in Africa and employs more than 5000 people, the organization produces, markets and distributes world famous soft drinks including Coke, Diet Coke, Fanta and Sprite. ECCBC participates alongside The Coca-Cola Africa Foundation in projects that focus on improving education, the access to drinking water, health, entrepreneurial spirit and sustainability.