SodaStream, Enlight Renewable Energy Sign Pact for Renewable-Energy Supply
August 01 2023 - 12:56PM
Dow Jones News
By Chris Wack
SodaStream, a subsidiary of PepsiCo, has entered into a
corporate power-purchase agreement with Enlight Renewable Energy, a
global renewable-energy platform.
The agreement would enable SodaStream's global production sites
in Israel to operate using renewable energies beginning in
2024.
The electricity would be sourced from Enlight's solar and
storage facilities, as part of the new market regulations in
Israel.
The agreement marks a significant milestone for SodaStream, as
the company aims to transition to 100% renewable energy at all of
its global production sites in Israel by the beginning of 2024, and
achieve net-zero emissions by 2040.
Write to Chris Wack at chris.wack@wsj.com
(END) Dow Jones Newswires
August 01, 2023 12:41 ET (16:41 GMT)
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