Capital Power (TSE:CPX) has released an update.
Capital Power has inked a 15-year virtual power purchase agreement with dairy giant Saputo Inc., supporting Saputo’s goal to reduce its carbon footprint by 13% from its 2020 levels. The deal revolves around power from Capital Power’s Halkirk 2 Wind facility in Canada, furthering both companies’ commitments to sustainable energy and environmental stewardship. The collaboration with Schneider Electric is set to advance the energy transition and fortify Saputo’s stance as a sustainable dairy industry leader.
For further insights into TSE:CPX stock, check out TipRanks’ Stock Analysis page.
