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Stock impact report

Bank OZK Breaks Ground on Solar Power Plant in Arkansas

Bank OZK (OZK) 
Last bank ozk earnings: 4/23 04:01 pm Check Earnings Report
Company Research Source: GlobeNewswire
LITTLE ROCK, Ark., June 03, 2021 (GLOBE NEWSWIRE) -- As part of its sustainable energy initiative, Bank OZK (Nasdaq: OZK) (the “Bank”) broke ground today on its Arkansas-based $6-million solar power plant. Once complete, the 4.8-megawatt array will produce enough electricity to power the Bank’s new corporate headquarters in Little Rock and up to 40 Bank OZK locations throughout the state. Currently, it is the largest renewable energy investment by a financial services company in the state of Arkansas. “An industry innovator, Bank OZK has a bold vision for the future, which includes a strong commitment to sustainable and clean energy,” said Tim Hicks, Chief Credit and Administrative Officer at Bank OZK. “This solar power plant will allow us to reduce our carbon footprint by 160,000 tons over the next 30 years.” The Arkansas Public Service Commission and Federal Deposit Insurance Corporation approved the Bank’s plans for the solar power plant in March 2021. Scenic Hill Solar, LLC, o Show less Read more
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