Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Shivani Kumaresan

Ball Corp Inks Power Purchase Agreement For New Wind Energy

  • Ball Corp (NYSE:BALL) has entered into a virtual power purchase agreement to buy 151 megawatts of new wind energy from NextEra Energy, Inc. (NYSE:NEE) NextEra Energy Resources LLC.
  • The wind energy center will be located in west Texas. Ball's portion of the project is expected to produce 600,000 megawatt-hours of clean energy annually, enough to address the electricity load of nearly half of its North America manufacturing facilities.
  • The move is in alignment with Ball's aim to achieve its 2030 science-based targets and net-zero emissions before 2050.
  • The wind energy center is expected to reduce Ball's global Scope 2 greenhouse gas emissions by about 30%.
  • Price Action: BALL shares are trading higher by 3.63% at $72.15 on the last check Monday.
Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.