Athens – 8 December 2010 – Coca‑Cola Hellenic has been recognised as a leader in energy efficiency, as a finalist at the 12th annual Platts Energy Industry Awards, in New York, USA.
This year’s awards attracted over 200 entries from over 30 countries with Coca‑Cola Hellenic the only Greek company represented. Company CEO Mr Doros Constantinou attended the awards ceremony at Cipriani's restaurant, Wall Street, along with 500 other business leaders from around the world, in the biggest awards event of its kind.
The company was a finalist alongside extremely stiff competition in the Energy Efficiency Programme of the Year: Commercial End-User category, with entries from major companies such as Tesco, McDonalds, and United States Navy Task Force Energy, with Tesco crowned the eventual winner.
Coca‑Cola Hellenic was nominated for its innovative Quad generation combined heat and power (CHP) programme.
CHP plants generate power, heating and cooling, recovering the heat energy typically wasted by conventional power plants. Coca‑Cola Hellenic’s ambitious programme commits the company to build 20 CHP facilities by 2015. They are being constructed in partnership with ContourGlobal, a leading international company specialising in the development of efficient energy installations.
As part of its overall carbon reduction programme a number of solar power generation facilities are also being built. These are already operating Italy, with more planned in Greece and Bulgaria in 2011. The total cost of these projects is more than 200 million Euros and the programme, when complete, will reduce carbon emissions by 25 per cent – over 1.4 million tonnes of CO2 – by 2015, which is ahead of EU targets.
Commenting on the event Coca‑Cola Hellenic CEO Doros Constantinou said: "It is a great honour to represent Greece in this highly competitive contest, and to be commended for the energy-reduction measures we are implementing in an effort to combat climate change, and ensure the sustainability of our business and the communities we serve."
About Coca‑Cola Hellenic
Coca‑Cola Hellenic is one of the world's largest bottlers of products of The Coca‑Cola Company with sales of more than two billion unit cases, and 560 million customers buying its products annually. The company offers a diverse range of ready-to-drink non-alcoholic beverages in the sparkling, juice, juice drinks, water, sport, energy, tea and coffee categories. Coca‑Cola Hellenic is committed to promoting sustainable development in order to create value for its business and for society. This includes providing products that meet the beverage needs of consumers, fostering an open and inclusive work environment and conducting business in ways that protect and preserve the environment and contribute to the socio-economic development of our local communities. Coca‑Cola Hellenic‘s shares are listed on the Athens Exchange (ATHEX: EEEK), with a secondary listing on the London Stock Exchange (LSE: CCB). Coca‑Cola Hellenic’s American Depositary Receipts (ADRs) are listed on the New York Stock Exchange (NYSE: CCH). Coca‑Cola Hellenic is included in the Dow Jones Sustainability and FTSE4Good Indexes. For more information on Coca‑Cola Hellenic, its products, people and commitment to sustainable business please visit www.coca-colahellenic.com.
ContourGlobal develops and operates electric and combined heat and power businesses around the world for governments and multinational companies. The Company focuses on high-growth, under-served markets and innovative niches within developed markets such as renewable energy and Combined Heat and Power (CHP). The company consists of eleven businesses in operation and construction on four continents with approximately 1,000 MW of generating capacity and an active pipeline of new development business totalling 10,000 MW.
Reservoir Capital Group is a privately held investment firm with approximately $4 billion under management and is ContourGlobal's controlling shareholder.
Platts is the leading global provider of energy and commodities information, providing real-time news, pricing, analysis and conferences to help market operate with transparency and efficiency. The highly coveted Awards commend corporations on outstanding performances in the energy field. To find out more visit: http://geaweb.platts.com/AboutAwards.aspx
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