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-0.000176366843033475 -0.000176366843033475 -0.000529100529100549 0 -0.0028218694885361 -0.00546737213403884 -0.00793650793650799 -0.00881834215167548
Stock impact report

Sonoco (SON) Signs Deal With ENGIE to Reduce Carbon Emissions [Yahoo! Finance]

Sonoco Products Company (SON) 
Last sonoco products company earnings: 4/16 06:45 am Check Earnings Report
US:NYSE Investor Relations: investor.sonoco.com/investor-relations-0
Company Research Source: Yahoo! Finance
This move marks SON's first renewable energy project and is a step forward in Sonoco's integrated approach to corporate sustainability. Big Sampson is a wind power project of ENGIE, which is currently under construction in Crockett County, TX. The project adds to ENGIE North America's more than seven gigawatts of renewable energy output in operation or under construction throughout the United States and Canada. The project will consist of 60 wind turbines, each expected to have a generating capacity of 4.5 megawatts. It is anticipated to be completed in late 2025, employing 400 trained construction experts. Once operational, 10 to 15 full-time workers will support the system on-site. Under the VPPA and subject to certain conditions, Sonoco and ENGIE have agreed to a deal for an estimated 140 megawatts of electricity per year, which represents approximately 48% of Sonoco's U.S. electricity consumption in 2025 and around 52% of Big Sampson's expected output capacity for 15 years b Show less Read more
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