STM - STMicroelectronics Flips the Switch on Sustainability With Another Renewable Energy Agreement In Italy | Benzinga
STMicroelectronics N.V. (NYSE:STM) inked a ten-year Power Purchase Agreement (PPA) with Centrica plc (OTC:CPYYY) unit Centrica Energy Trading A/S to supply renewable energy to its operations in Italy, starting January 2025.
The agreement is based on the sale by Centrica Energy of around 61 GWh of renewable energy per year, produced by a new solar farm in Italy.
STMicroelectronics operates two high-volume semiconductor manufacturing sites in Agrate (near Milan) and Catania as well as multiple R&D, design, ...