RNS Number : 2394C
Compagnie de Saint-Gobain
06 February 2024
SAINT-gobain signs a renewable electricity supply agreement in italy
Saint-Gobain has signed a 10-year renewable electricity supply agreement (Power Purchase Agreement or PPA) in Italy with Axpo Italia.
This contract covers the purchase of electricity generated by a newly built wind farm located in the Puglia region.
Axpo Italia will provide around 22 GWh of green electricity per year, or 11% of Saint-Gobain's electricity needs in Italy.
This contract is the fifth PPA signed by Saint-Gobain in Italy. Combined, the five projects are expected to cover more than 20% of Saint-Gobain's electricity needs in the country and contribute to reducing Saint-Gobain's scope 2 CO2 emissions in Italy by around 40% in 2024 compared with 2017.
About Saint-Gobain
Worldwide leader in light and sustainable construction, Saint-Gobain designs, manufactures and distributes materials and services for the construction and industrial markets. Its integrated solutions for the renovation of public and private buildings, light construction and the decarbonization of construction and industry are developed through a continuous innovation process and provide sustainability and performance. The Group's commitment is guided by its purpose, "MAKING THE WORLD A BETTER HOME".
?51.2 billion in sales in 2022
168,000 employees, locations in 75 countries
Committed to achieving Carbon Neutrality by 2050
For more information about Saint-Gobain, visit www.saint-gobain.com and follow us on X @saintgobain
| Analyst/investor relations | Press relations | ||
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