AT&T Signs New Renewable Power-Purchase Agreements
September 20 2019 - 12:51PM
Dow Jones News
By Chris Wack
AT&T Inc. (T) said Friday that its renewable energy
purchases will surpass 1.5 gigawatts of clean energy capacity with
the addition of new virtual power purchase agreements with
Invenergy and Duke Energy Renewables.
The telecommunications and media company said the new deals will
support new wind and solar projects, and make AT&T one of the
largest corporate purchasers of renewable energy in the U.S.
AT&T said the new renewable energy purchases will support
wind and solar projects, developed by Invenergy, delivering 800
megawatts of sustainable energy, as well as 160 MWs of wind energy
generated by the Frontier Windpower II project, developed by Duke
Energy Renewables. The new purchase agreements build upon
AT&T's existing agreements supporting wind energy centers
already operational or under development.
AT&T said renewable energy purchases to date are expected to
reduce greenhouse gas emissions by an amount equivalent to
providing electricity for more than 560,000 homes or taking 690,000
cars off the road for 1 year. The total annual energy produced is
also enough to power New York City for one month.
The company said the projects will create hundreds of
construction jobs and dozens of permanent jobs in the clean energy
field.
Write to Chris Wack at chris.wack@wsj.com
(END) Dow Jones Newswires
September 20, 2019 12:36 ET (16:36 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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