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Ever.green Brings Together Eight Diverse Brands to Help Repower a 55 MW Wind Farm, Proving All Companies Can Make Clean Energy Impact [Yahoo! Finance]
Last arrow electronics, inc. earnings: 4/30 08:00 am
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In a move to democratize high-impact renewable energy investments, Ever.green has forged a partnership with Clearway Energy Group to extend the life of a 55 MW wind farm in Big Spring, Texas. In this deal, eight brands, including Atlassian, Arrow Electronics, Autodesk, Brooks Running, Compose[d], Medallia, and Trimble, joined forces to purchase Renewable Energy Certificates (RECs) from the project through long-term contracts, which will provide critical funding to the project over its extended lifespan. Cris Eugster, CEO and Co-Founder of Ever.green, said, "Our ability to fractionalize participation opens access to all companies wanting to have impact in the energy transition." Ever.green's high-impact RECs play a critical role in supporting new clean energy projects by bolstering their initial financing prospects and long-term viability; the long-term REC contracts require robust diligence of the project and legal attestation of additionality. Up until now, companies looking to
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- Arrow Electronics (NYSE:ARW) jumps 4.6% this week, though earnings growth is still tracking behind five-year shareholder returns [Yahoo! Finance][Yahoo! Finance]
- Arrow Electronics Supports Next Generation of Inventors Through FIRST(R) Robotics Competition Sponsorship [Yahoo! Finance][Yahoo! Finance]
- Kele Companies Welcomes Jonathan Collins as New Chief Marketing Officer to Drive Innovative Digital Development [Yahoo! Finance][Yahoo! Finance]
- Arrow Electronics to Host First-Quarter 2024 Earnings Conference Call [Yahoo! Finance][Yahoo! Finance]
- Arrow Electronics to Host First-Quarter 2024 Earnings Conference Call[Business Wire]
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