Cement manufacturer Adelaide Brighton has signed deals with two new energy providers for the supply of gas and electricity to its South Australian operations.
The company has entered into an agreement with Beach Energy for the supply of gas, and also Infigen Energy, who will supply electricity to the manufacturer’s plants in Birkenhead and Angaston.
Infigen are also contracted to supply electricity to Adelaide Brighton’s Klein Point Quarry on the York Peninsula.
The supply agreements will allow the company to continue its focus on energy-efficient and sustainable operations, aligning with a proactive strategy to manage energy costs and operating risks.
According to a Adelaide Brighton media release, its targets include:
- A portfolio approach to energy supply and procurement;
- Consumption management and operational efficiencies;
- Obtaining 30 per cent of energy supply from alternative fuels;
- Use of alternative cementitious materials in place of more energy-intensive products;
- Cost recovery through vertical integration and long-term customer relationships;
- Financial strategies that add value for shareholders.
“The new agreements with Beach and Infigen provide our South Australian operations continued certainty of energy supply at competitive prices and underpin our leading position in this important market,” said Adelaide Brighton CEO and managing director, Martin Brydon.