Johnson & Johnson, the world’s biggest maker of health-care products, agreed to buy 100 megawatts of capacity from a wind-power project in the Texas Panhandle.
The company signed a 12-year power purchase agreement to buy half the output from a 200-megawatt wind project being developed by EON SE, Jed Richardson, Johnson & Johnson’s global energy director, said in an interview.
Johnson & Johnson is one of a growing number of companies that have agreed to buy renewable energy in recent years, a trend that’s helping spur wider development of wind and solar farms. Google is the biggest corporate buyer of renewable-energy. Amazon.com Inc. said Thursday it will buy 90 percent of the power from a 253-megawatt wind project that in Texas.
