Ardagh signs PPA with Sunnic Lighthouse for renewable energy [Yahoo! Finance]
Ardagh Metal Packaging S.A. Ordinary Shares (AMBP)
Company Research
Source: Yahoo! Finance
This agreement is set to provide AGP-Europe's NextGen Furnace in Obernkirchen with a long-term allocation of solar energy. The PPA will ensure the transition from a fuel mix of 90% gas and 10% electricity to 80% renewable electricity and 20% gas for the furnace, enabling the production of low-carbon glass packaging. In addition, Ardagh Metal Packaging (AMP) facilities in Germany will receive solar energy via this agreement, making it the first of its kind to supply renewable energy to both AGP and AMP. Sunnic Lighthouse origination head Jan Knievel said: “Together with Ardagh and our parent company ENERPARC AG, we have structured this long-term PPA in which we have fixed an annual volume of around 130GWh. We will start with the delivery from existing ENERPARC plants throughout Germany. “At the same time, ENERPARC is developing a solar park near the Ardagh facility, to cover their electricity needs on site.” The PPA demonstrates AMP's commitment to Ardagh's decarbonisation s
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- Ardagh Metal Packaging S.A. (NYSE:AMBP) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
AMBP
Earnings
- 4/25/24 - In-Line
AMBP
Sec Filings
- 5/16/24 - Form 6-K
- 4/25/24 - Form 6-K
- 4/25/24 - Form 6-K
- AMBP's page on the SEC website