EDP Renewables North America commits $300,000 to help communities address COVID-19
April 14 2020 - 10:00AM
EDP Renewables North America (EDPR NA) has announced a commitment
of $300,000 to help communities around the company’s wind farms and
solar parks cope with the coronavirus pandemic. The funds are being
allocated to local nonprofit organizations focused on serving
residents in more than 50 communities where EDPR NA has a project
in operation, under construction, or in development throughout the
United States, Canada, and Mexico.
“EDP Renewables’ number one priority is the health and safety of
our employees and the communities where we have projects,” said
Miguel Prado, EDPR NA CEO. “Our long-term presence and strong
relationships in the rural communities hosting our projects gives
us a unique opportunity to aid the most-effective organizations in
areas that are often the last to get the resources and support they
need.”
In order to determine where to target funding in response to the
COVID-19 pandemic, EDPR NA consulted local staff members and
residents around its renewable energy projects. Many communities
where EDPR NA operates do not have local healthcare facilities so
the majority of the funding will be contributed to local food banks
and organizations that provide economic security for families
affected by COVID-19. The company is also listening to local
stakeholders and directing funds to the organizations that need
resources the most, including those providing healthcare or other
vital services in response to the pandemic.
“With workers getting laid off, students losing access to free
lunch programs, and elderly populations being quarantined and
unable to purchase groceries, the need for food and economic
security is felt in all communities,” explained Prado. “While
nobody knows for sure how long COVID-19 will be in the communities
where EDPR NA has projects, we do know that the economic impact of
the pandemic is already being felt and will likely persist for
months as the ramifications of social distancing ripple through our
economy. As EDPR NA considers ourselves members of these
communities, we want to help in this time of need.”
EDPR NA’s wind farms and solar parks continue to operate,
providing a vital power supply to homes, hospitals, grocery stores,
and other businesses during the pandemic. In addition to the
$300,000 in social investments around project communities, the
company is also launching an employee matching gift campaign at its
corporate offices as well as providing training and materials for
employees to create face masks.
The $300,000 commitment in North America is part of a
global effort for the company. EDPR NA’s parent company, EDP
Renewables (EDPR), a leader in the renewable energy sector and one
of the world’s top wind energy producers and present in 14
countries, announced on Tuesday, April 7, that it will donate a
total of €750,000 to COVID-19 relief efforts. This
contribution by EDP Renewables is part of more than €5 million
distributed throughout the world by EDP Group, the principal
shareholder of EDP Renewables.
EDPR’s aid will be dispersed in 12 countries (Belgium, Brazil,
Colombia, Spain, the U.S., Canada, Mexico, France, Greece, Italy,
Poland, and Romania) and will include donations to food banks,
purchases of healthcare equipment, medical devices, and rapid
testing kits, and the facilitation of online learning and digital
educational materials. Each market carried out a study of its needs
to ensure the most effective use of this aid.
About EDP Renewables North America (EDPR NA)
EDP Renewables North America LLC (EDPR NA) and its subsidiaries
develop, construct, own, and operate wind farms and solar parks
throughout North America. Headquartered in Houston, Texas, with 52
wind farms, eight solar parks, and eight regional and development
offices across North America, EDPR NA has developed more than 7,300
megawatts (MW) and operates more than 7,000 MW of renewable energy
projects. EDPR NA is owned by EDP Renováveis, S.A. (EDPR). For
more information, visit www.edprnorthamerica.com.
About EDP Renewables (EDPR)
EDP Renewables (Euronext: EDPR) is a global leader in the
renewable energy sector and the world’s fourth-largest wind energy
producer. With a sound development pipeline, first class assets and
market-leading operating capacity, EDPR has undergone exceptional
development in recent years and is currently present in 14
international markets (Belgium, Brazil, Canada, Colombia, France,
Greece, Italy, Mexico, Poland, Portugal, Romania, Spain, the UK and
the US). For further information, visit www.edpr.com.
Blair Matocha, Senior Manager Communications
EDP Renewables
713-356-2415
blair.matocha@edpr.com
Edp Renovaveis (EU:EDPR)
Historical Stock Chart
From Nov 2024 to Dec 2024
Edp Renovaveis (EU:EDPR)
Historical Stock Chart
From Dec 2023 to Dec 2024