2023-07-17 10:57:06 ET
Linde ( NYSE: LIN ) said Monday it signed two major new agreements in Brazil for the supply of renewable energy, raising its global active renewable energy by more than 60%.
Linde's ( LIN ) White Martins subsidiary entered agreements to secure more than 2M MW/year of renewable energy, replacing nearly half of its existing power usage in Brazil.
In addition to reducing emissions in Brazil, Linde ( LIN ) said the renewable energy will help White Martins customers decarbonize their processes by using industrial gases with a lower carbon footprint.
Linde ( LIN ) said it is on track to meet its commitment to double the purchase of low carbon energy by 2028.
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Linde signs 2M MW/year of renewable energy deals in Brazil