Sonoco and ENGIE Announce 140 Megawatt Virtual Power Purchase Agreement – Output from Big Sampson Wind Project will be First Renewable Energy Project for Sonoco [Yahoo! Finance]
Sonoco Products Company (SON)
Last sonoco products company earnings: 4/16 06:45 am
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Source: Yahoo! Finance
sustainable packaging companies, and ENGIE North America (“ENGIE") today announced that they have entered into a Virtual Power Purchase Agreement (“VPPA”) for production from ENGIE's Big Sampson Wind Project (“Big Sampson”), a wind power project currently under construction in Crockett County, Texas. Under the VPPA and subject to certain conditions, Sonoco and ENGIE have agreed to contract for an estimated 140 megawatts of electricity per year, representing approximately 48% of Sonoco's U.S. electricity consumption in 2025 and approximately 52% of the expected output capacity of Big Sampson, for a term of 15 years commencing upon Big Sampson's entry into commercial operation. The VPPA represents another step in Sonoco's integrated approach to corporate sustainability. The Company aims to reduce global Scope 1 and Scope 2 emissions by 25% by 2030 from a 2020 baseline through various corporate initiatives, including improved packaging design, installing energy-efficient equipment an
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News
- Sonoco Implementing Price Increase for Tubes and Cores in MexicoGlobeNewswire
- Global Thermoform Packaging (Blister, Clamshell, Skin) Market Report 2024-2028 Featuring Analysis of Amcor, Sonoco Products Company, DS Smith, Huhtamaki, and WestRock Company [Yahoo! Finance]Yahoo! Finance
- Sonoco To Report First Quarter 2024 ResultsGlobeNewswire
- Sonoco Releases 2023 Corporate Sustainability Report Detailing Progress on Sustainability Initiatives [Yahoo! Finance]Yahoo! Finance
- Sonoco Releases 2023 Corporate Sustainability Report Detailing Progress on Sustainability Initiatives [Financial Post (Toronto, Ontario, Canada)]Financial Post
SON
Earnings
- 2/14/24 - Miss
SON
Sec Filings
- 4/19/24 - Form 8-K
- 4/3/24 - Form 4
- 4/3/24 - Form 4
- SON's page on the SEC website