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Campbell Soup Company and CH4 Biogas, L.L.C. Create Ohio’s First Commercial Biogas Power Plant

Renewable energy technology will divert waste from local landfills
and become a sustainable energy source for Campbell’s Napoleon facility

CAMDEN, N.J.–(BUSINESS WIRE)–Nov. 5, 2012–
Campbell Soup Company (NYSE:CPB) today announced a
partnership with CH4 Biogas L.L.C. (CH4), to create Ohio’s first
commercial biogas power plant to generate renewable electricity.
Campbell will direct waste generated from its soup, sauce and beverage
production in Napoleon, Ohio, diverting 35 to 50 percent of its current
waste away from Henry County landfills.

The anaerobic digester will process material from area food processors,
waste recyclers and local dairy farms, generating methane gas which will
be used to fuel turbines that will produce energy for Campbell’s
existing beverage production and offsetting fossil fuel use. The power
generated for the beverage facility will replace about 25 percent of
Campbell’s Napoleon facility’s annual electricity use. A 15-year power
purchase and services agreement will allow Campbell to use 100 percent
of the electricity generated at a flat cost.

“This new biogas technology will improve Campbell’s Napoleon recycling
rate to approximately 95 percent, reaching the company’s 2020
destination goal for the site early,” said Dave Stangis, Campbell’s Vice
President of Public Affairs and Corporate Responsibility, Campbell Soup
Company. “The use of biogas energy will reduce greenhouse gas emissions
associated with the use of electricity in this facility by approximately
16,000 metric tons per year, or the equivalent of 3,000 cars.”

The biogas power plant, Napoleon Biogas, will be located on more than
seven acres of land directly across the street from the Campbell site in
Harrison Township. CH4 designed, owns and operates the site, acting as
stewards of the land, protecting the watershed, and recycling and
processing the organic waste in an environmentally sustainable way.
Other area industry and farming operations will also be able to leverage
the facility, as the digester is designed to handle approximately 450
tons of mixed waste organic material a day, leaving 60 percent available
capacity.

“CH4 is proud to partner with Campbell to bring Ohio its first
commercial biogas based renewable energy facility,” said Lauren Toretta,
Vice President CH4. “The conversion of waste to energy brings broad
reaching benefits to the region and is a progressive step towards
sustainable renewable energy solutions.”

Construction is underway and slated for completion in mid-2013. The
project is financed by EKF (Eksport Kredit Fonden), the Danish state
export credit agency, which will provide a debt guaranty on the
financing and with investments from CH4 Biogas and BNB Napoleon Biogas.

The site is adjacent to a 60-acre, 9.8 MW solar system constructed by
BNB Renewable Energy Holdings for Campbell in 2011 that currently
provides 15 percent of power for Campbell’s Napoleon facility. These
efforts reflect the company’s commitment to sustainable energy
production in the areas of solar, wind and anaerobic digestion.

Campbell’s Corporate Social Responsibility (CSR) strategies are intended
to make positive impacts in four key areas: Our Consumers, Our Planet,
Our Employees and Our Community. To learn more visit http://www.campbellsoupcompany.com/csr.

About Campbell Soup Company

Campbell Soup Company is a manufacturer and marketer of high-quality
foods and simple meals, including soup and sauces, baked snacks and
healthy beverages. Founded in 1869, the company has a portfolio of
market-leading brands, including “Campbell’s,” “Pepperidge Farm,”
“Arnott’s,” “V8” and “Bolthouse Farms.” Through its corporate social
responsibility program, the company strives to make a positive impact in
the workplace, in the marketplace and in the communities in which it
operates. Campbell is a member of the Standard & Poor’s 500 and the Dow
Jones Sustainability Indexes. For more information, visit www.campbellsoup.com.

About CH4 Biogas LLC

CH4 Biogas is a renewable energy company that builds, owns and operates
biogas based renewable energy facilities on farms and at food processing
plants. These facilities provide environmentally friendly renewable
energy and sustainable waste management solutions using internationally
proven anaerobic digestion technology. More information is available on
the company’s website www.ch4biogas.com
and on Twitter @ch4biogas.

Source: Campbell Soup Company

Campbell Soup Company
Carla Burigatto (Media)
856-342-3737