STMicroelectronics and Centrica sign long-term power purchase agreement [Seeking Alpha]
STMicroelectronics N.V. (STM)
Last stmicroelectronics n.v. earnings: 4/22 01:00 am
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Source: Seeking Alpha
The power purchase agreement will support 2027 carbon-neutral and 100% renewable energy sourcing goals of the semiconductor manufacturer with 2 large-volume manufacturing sites in Italy, STMicroelectronics ( STM ) said. 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. "Starting in 2025, this PPA with Centrica will provide a significant level of renewable energy for ST's operations in Italy, which includes R&D, design, sales and marketing and large-volume chip manufacturing," Geoff West, EVP and Chief Procurement Officer, STMicroelectronics said. Recommended For You More Trending News Recommended For You More Trending News Related Stocks In The News Trending Analysis Trending News
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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
- 4/25/24 - Form 6-K
- 4/22/24 - Form 6-K
- 4/22/24 - Form 6-K
- STM's page on the SEC website