GridMarket Announces Latest Clean Energy Project in Portfolio Energy Upgrade Initiative for Performance Food Group
15 February 2024 - 2:12AM
GridMarket, LLC is pleased to announce its latest clean energy
project with Performance Food Group, Inc. (PFG) (NYSE: PFGC). The
solar and battery storage project is part of a larger portfolio
partnership, that will increase sustainable operations, reduce
costs, and upgrade onsite infrastructure for future EV charger
integration at select nationwide PFG facilities.
The project at the PFG facility in Shafter, CA, consists of 1MW
solar PV and a 250kW/550kWh battery storage system. Leveraging the
investment tax credit (ITC) increased project value and economic
viability, and the system is another step towards PFG reaching
operational efficiency and sustainability goals.
“PFG continues to be a fantastic
partner and we are thrilled to announce this solar and storage
project in Shafter, CA,” said Peter Schneider, Director of Business
Development and Project Management at GridMarket. “Portfolio
expansion in California and beyond underscores PFG’s dedication to
advancing sustainable solutions and reinforces their commitment to
clean energy development. Building on the success of the initial
Gilroy, CA project, this project will have tremendous environmental
and economic value for the Shafter facility and PFG’s carbon
footprint as a whole.”
As PFG continues to look ahead to future fleet electrification,
onsite infrastructure upgrades will help alleviate capacity issues
with the grid, creating the opportunity for charger installation
and necessary demand realities. In the near-term, the installation
will provide tremendous savings and emissions reduction.
“Our partnership with GridMarket
continues to produce valuable projects for our facilities,” said
Jeff Williamson, Senior Vice President, Operations, PFG. “We have
been able to outline initial steps in our renewable energy
strategic plan using GridMarket's approach in California. We are
now implementing that plan to help achieve cost-savings and make
important progress against our overall sustainability goals across
the company.”
Customers in California continue to face rate increases,
evolving regulatory requirements and environmental pressures. In
order to get ahead of statewide mandates in California and at
select facilities in other states and bring operational resiliency
through onsite generation and backup power, PFG committed to
exploring clean energy through the GridMarket platform. The
resulting strategy was created and launched with a site in Gilroy,
CA last year and now continues with the Shafter site.
“We worked closely with GridMarket
and our construction partner, MBL Energy, to appropriately size and
design the system to meet demand needs at the Shafter facility
while aligning with PFG's company-wide sustainability and carbon
goals,” said Scott Ameduri, President at Enerlogics. “We are
thrilled to be executing on this second project as part of our
partnership - following the project being deployed in Gilroy - and
are eager to continue working through the identified sites to bring
clean generation, storage, and fleet electrification value. This
and other PFG projects reflect their commitment to a greener, more
resilient future, showcasing innovation and environmental
responsibility in action.”
To learn more about this PFG initiative, or other projects
through the GridMarket platform, including this “land and expand”
portfolio strategy designed to give customers the greatest value,
click here.
Press ContactJillian
Caramanna-SeymourGridMarket,
LLCJillian.Caramanna@gridmarket.com
About GridMarketGridMarket is an energy project
optimization platform and global marketplace leveraging big data
and artificial intelligence to accelerate the global energy
transition. Working with property portfolio, individual energy
consumers, governments, and utilities around the world, GridMarket
identifies and tailors best-fit energy projects, engages top-tier
global solution providers, and mobilizes financial markets to help
partners meet energy and net-zero carbon targets. GridMarket has a
substantial global pipeline and portfolio of successful projects,
spanning diverse customer types and geographic regions. GridMarket
uses its platform to open up new markets and facilitate distributed
energy deployment through automation, predictive analytics, remote
digital capabilities, and dynamic stakeholder engagement tools.
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