Conagra Brands Collaborates with Bloom Energy to Utilize Fuel Cell Technology at its Ohio Production Facilities [Yahoo! Finance]
ConAgra Brands, Inc. (CAG)
Last conagra brands, inc. earnings: 3/31 07:28 am
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Source: Yahoo! Finance
CHICAGO April 1, 2025 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG) and Bloom Energy (NYSE: BE), a global leader in power solutions, today announced they will collaborate to utilize Bloom's fuel cell technology at Conagra's Troy and Archbold, Ohio production facilities. The 15-year PPA (power purchase agreement) will deploy approximately six megawatts and provide combustion-free electricity generation, supplying approximately 70% to 75% of the electricity needs at the Troy and Archbold facilities, while also projecting a 19% decrease in their greenhouse gas emissions. This initiative aligns with Conagra's 2030 science-based greenhouse gas reduction targets , which have been validated by the Science Based Targets initiative, a leading corporate climate effort driving the transition to a zero-carbon economy. Bloom's fuel cells generate resilient, sustainable and predictable electricity without combustion, with "always-on" power reliability. Bloom's combustion-free fuel cells avoid
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