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0 0 0.00173775671406002 0.00173775671406002 0.0111374407582939 0.0186413902053712 0.0124802527646129 0.0124802527646129
Stock impact report

Brown-Forman Invests in Renewable Energy

Brown Forman Inc Class A (BF.A) 
Company Research Source: Business Wire
First Major U.S. Spirits and Wine Producer to Enter Power Purchase Agreement LOUISVILLE, Ky.--(BUSINESS WIRE)-- Brown-Forman Corporation (NYSE:BFA)(NYSE:BFB) today announced a major commitment to renewable energy with an agreement to purchase 30 megawatts (MW) of electricity annually from Solomon Forks Wind Project, a new wind power project in Kansas. The wind farm is expected to generate the equivalent of more than 90% of Brown-Forman’s annual electricity usage in the United States. Brown-Forman is the first major U.S. spirits and wine producer to commit to a power purchase agreement (PPA) in the U.S. Power purchase agreements allow companies such as Brown-Forman to invest in renewable energy generation on a large scale and publicly demonstrate a commitment to renewable energy. These arrangements also provide a stable price for power over the length of the contract. Brown-Forman wil Show less Read more
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