Ørsted signs power purchase agreements with Target and Hormel Foods Corporation

In addition to PepsiCo, announced earlier this year, Target, a general merchandise retailer, and Hormel Foods, a global branded food company, have signed long-term agreements with Ørsted to purchase energy from the 298MW Haystack Wind project in Nebraska, USA.

 

On average, the project will contribute USD 4 million per year in local taxes and landowner payments to the community, and it will employ 300 construction workers at its peak.