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0.000358080687514934 0.000477440916686635 0.000358080687514934 0.00179040343757467 -0.00131296252088803 -0.0009548818333731 0.0011936022917165 0.0050131296252089
Stock impact report

Fifth Third Celebrates Five Years of 100% Renewable Power [Yahoo! Finance]

Fifth Third Bancorp (FITB) 
Last fifth third bancorp earnings: 4/21 06:30 am Check Earnings Report
US:NASDAQ Investor Relations: ir.53.com/investor-overview
Company Research Source: Yahoo! Finance
ambitious goal to power the Bank's operations across its national footprint – including more than 1,000 retail locations and operational facilities across 11 states – with 100% renewable power. In late August 2019, Fifth Third achieved this goal with the opening of the Aulander Holloman solar facility in North Carolina. The project was made possible through a virtual power purchase agreement (VPPA), which guaranteed that Fifth Third would purchase all the electricity generated, thereby enabling the developer of the solar project to secure funding and build the project. As part of the agreement, and in return for Fifth Third's financial guarantee, the Bank receives claims for adding net-new renewable capacity to the regional grid in the form of renewable energy certificates (RECs). RECs are issued when one megawatt hour of electricity is generated and delivered to the electricity grid from a renewable energy resource. Appropriately verified and retired RECs act as a proof of genera Show less Read more
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