STMicroelectronics and Centrica Energy sign long-term agreement for the supply of electricity produced from renewable sources in Italy [Yahoo! Finance]
STMicroelectronics N.V. (STM)
Last stmicroelectronics n.v. earnings: 4/22 01:00 am
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Source: Yahoo! Finance
10-year contract for energy produced by a new solar farm in Italy PPA will support 2027 carbon neutral and 100% renewable energy sourcing goals of semiconductor manufacturer with 2 large-volume manufacturing sites in Italy Geneva (Switzerland) and Aalborg (Denmark), April 11, 2024 – STMicroelectronics, (NYSE: STM) , a global semiconductor leader serving customers across the spectrum of electronics applications, and Centrica Energy Trading A/S (“Centrica Energy”) announced today that they have signed a ten-year Power Purchase Agreement (PPA) for the supply of renewable energy to its operations in Italy, starting January 2025. The agreement is based on the sale by Centrica of approximately 61 GWh of renewable energy per year, produced by a new solar farm in Italy. In Italy, ST operates two high-volume semiconductor manufacturing sites in Agrate (near Milan) and Catania as well as multiple R&D, design, and sales and marketing sites. Geoff West, EVP and Chief Procurement Officer, S
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STM
News
- STMicroelectronics Announces Status of Common Share Repurchase ProgramGlobeNewswire
- STMicroelectronics (NYSE: STM) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- STMicroelectronics (NYSE: STM) had its "market perform" rating re-affirmed by analysts at William Blair.MarketBeat
- STMicroelectronics N.V. (NYSE:STM) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Norway Cards and Payments Market Opportunities and Risks Report 2023-2024 and 2027: Focus on BNPL, Cards, Alternative Payments, In-store, Online and Mobile, Infrastructure and Regulations [Yahoo! Finance]Yahoo! Finance
STM
Earnings
- 4/25/24 - Miss
STM
Sec Filings
- 4/29/24 - Form 6-K
- 4/25/24 - Form 6-K
- 4/22/24 - Form 6-K
- STM's page on the SEC website