Phillips 66 teams with NextEra Energy Resources to power Rodeo Renewable Energy Complex with solar facility
Phillips 66 (PSX)
Last phillips 66 earnings: 5/1 07:00 am
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Source: Business Wire
HOUSTON--(BUSINESS WIRE)--Phillips 66 is teaming up with a subsidiary of NextEra Energy Resources, LLC to power Phillips 66’s Rodeo Renewable Energy Complex with a 30.2 megawatt (MW) solar facility.The solar facility will reduce the complex’s grid power demand by 50% and is expected to avoid approximately 33,000 metric tons a year of carbon dioxide emissions beginning in the first quarter of 2025.* The project is one of the largest on-site dedicated solar facilities in the U.S.“We are excited to collaborate with NextEra Energy Resources on a project that aligns with our mission of providing energy and improving lives,” said Zhanna Golodryga, executive vice president of Emerging Energy and Sustainability for Phillips 66. “This solar facility not only underscores our commitment to advancing a lower-carbon future but also enhances our energy infrastructure.”The solar facility, owned and operated by NextEra Energy Resources, will be situated on approximately 88 acres of land owned by
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