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Stock impact report

RWE signs long-term power purchase agreements with Meta to generate clean electricity from two solar farms with a combined capacity of 374 megawatts [Yahoo! Finance]

RWE AG ORD S/ADR (RWEOY) 
Company Research Source: Yahoo! Finance
RWE Signs Two PPA's With Meta to Supply Clean Power from Solar in Louisiana and Illinois Austin, Texas, Aug. 13, 2024 (GLOBE NEWSWIRE) -- RWE, the third largest renewable energy company in the U.S., today announced it signed two long-term power purchase agreements (PPA) with Meta from two solar farms under construction in the U.S. The two PPAs further strengthen RWE's strategy to support the demand for clean energy with power from its U.S. renewables portfolio. Onsite construction is underway on RWE's 274 megawatt (MWac) County Run Solar project in Illinois and on its 100 MWac Lafitte Solar project in Louisiana, with commissioning planned for both sites in late 2025. The clean power generated by RWE will contribute to Meta's target of supporting its operations with 100% renewable energy. Meta is one of the largest corporate buyers of renewable energy. Andrew Flanagan, CEO of RWE Clean Energy: “RWE's continued investment in the U.S. renewables market is underpinned by new oppo Show less Read more
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