PepsiCo invests again in Ireland drinks production
A portion of the investment will go towards solar PV installation.
PepsiCo is putting more capex into Ireland after completing a €127m ($133.5m) investment project in the same site and the adjacent R&D facilities earlier this year.
The beverage group is spending €39m at its Little Island site in Cork. It has allocated €36.6m of the total funding toward a new facility for “beverage ingredients”. The Little Island site produces concentrate for brands including Pepsi, Pepsi Max, Gatorade, 7Up and Mountain Dew.
The expansion also includes a €2.4m for a major solar photovoltaic (PV) installation at the Little Island facility. The installation will generate 1820 kW and have “peak capacity to provide 100% of the plant’s electrical demand”, according to a statement from the Little Island Business Association.
Over the course of twelve months, the solar panels will “provide 22% of the electricity” required by the site.
PepsiCo employs more than 1,250 people in Ireland.
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