Verizon signs agreements for more than 380 MW of renewable energy
Verizon Communications Inc. (VZ)
Last verizon communications inc. earnings: 4/24 07:30 am
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Source: GlobeNewswire
NEW YORK, April 22, 2020 (GLOBE NEWSWIRE) -- Verizon Communications Inc. today announced that it has entered into long-term renewable energy purchase agreements with Clearway Energy Group and Invenergy. These agreements, which are virtual power purchase agreements, will help finance the construction of new wind and solar farms. “We are committed to sourcing or generating renewable energy equal to at least 50 percent of our total annual electricity usage by 2025,” said James Gowen, Verizon’s Chief Sustainability Officer and Vice President, Supply Chain Operations. “The purchase agreements with Clearway and Invenergy will help us meet our commitment while increasing the supply of renewable energy to the power grids by almost 400 megawatts.” Verizon entered into two agreements with Clearway Energy Group, a leading developer and operator of clean energy in the United States, for an aggregate of up to 254 megawatts (MW) of capacity from two solar energy facilities being developed
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VZ
Earnings
- 10/29/25 - Beat
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Sec Filings
- 12/5/25 - Form 4
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- 12/5/25 - Form 4
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