Ahold Delhaize targets 100% green electricity in Europe by 2030, five years earlier
The supermarket retailer announced on 5 November 2026 the signing of a virtual power purchase agreement covering two projects in Romania, presented as the fifth and final power purchase agreement of its European programme.
Based on its projected consumption, the group states that it can cover all electricity consumption of its European operations with renewable electricity as early as 2030, five years ahead of its initial target of 2035.
Two Romanian parks expected to enter commercial operation in 2029
The contract supports the development of a wind farm and a solar power plant carried by Rezolv Energy SA, a renewable electricity producer active in Central and Southeastern Europe, whose commercial operation is expected in 2029. The Dunarea East onshore wind farm, located in the county of Constanta, is expected to produce 780 GWh per year.
The Dama solar power plant (county of Arad) will comprise two million solar panels for an expected production of 1,800 GWh per year; the press release presents it as set to become the largest onshore renewable energy project in the European Union. Together, the two sites will be able to supply 1.6 million households in the region, according to the group.
About 14% of production and guarantees of origin over ten years
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Ahold Delhaize will contract approximately 14% of the output of the two parks and will receive guarantees of origin for ten years from 2029. This contract follows a direct contract signed in the Netherlands in 2023, then three virtual contracts concluded in Spain (2024), Romania (2025) and Finland (2025).
These agreements are part of the group's objective of achieving carbon neutrality for its own operations (scopes 1 and 2) by 2040.
Lenka Duskova, Chief Financial Officer of Ahold Delhaize Europe & Indonesia, said: "We are pleased to support the development of these wind and solar projects in Romania, which will add new renewable capacity to the grid while contributing to a more sustainable future for the communities we serve."
« For 2026, the Company now expects (on a 53-week basis): underlying operating margin approaching 4.0% (previously around 4.0%); low-single-digit diluted underlying EPS growth at constant exchange rates (previously mid- to high-single-digit); and free cash flow of around €2.1 billion (previously at least €2.3 billion). »
Risks mentioned
Cybersecurity incident expected to reduce Q4 net sales by €200-250 million and operating income by €75-100 million
Pharmacy pricing changes from Inflation Reduction Act reducing U.S. growth by approximately 2.1 percentage points
Market-specific headwinds including reduced SNAP benefits, cyclospora outbreak and egg price deflation impacting growth
Opportunities identified
Online sales growth momentum with tenth consecutive quarter of double-digit growth in U.S. (14.2%) and strong retention over 75%
Acquisition of Tesco Czechia and Slovakia expected to establish strong market positions in Central Europe
Scaling of technology, AI and mechanization initiatives improving productivity by 20%+ at distribution centers
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