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Stock impact report

ContourGlobal Enters U.S. Renewables Market With Acquisition of 151 MW Solar Portfolio From Sun Tribe Development [Yahoo! Finance]

KKR & Co. Inc. (KKR) 
Last kkr & co. inc. earnings: 1/31 06:50 am Check Earnings Report
US:NYSE Investor Relations: ir.kkr.com
Company Research Source: Yahoo! Finance
The projects have signed long-term PPAs, and all grid interconnection studies have been completed at the time of the transaction. At peak capacity, the two solar PV plants will produce more than 272,000 MWh / year and provide enough electricity to power almost 26,000 U.S. households. The deal aligns with ContourGlobal's strategy of growing in renewables through the organic development of new projects, and the company will be responsible for the construction, operation and maintenance of the plants. The South Carolina projects will benefit from the latest developments in solar technology, which the company is already deploying in other repowering and revamping PV projects, namely in Europe. By employing state-of-the-art solar modules, inverters and electrical equipment, the green power produced by the future plants will avoid emissions of almost 109,000 tonnes of CO per year, the equivalent of removing the combined emissions of more than 23,000 passenger vehicles every year. The a Show less Read more
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