STMicroelectronics NV (FR:STMPA) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
STMicroelectronics has signed a 21-year agreement with ENGIE to receive renewable energy from a new solar park in Malaysia, aiming to achieve carbon neutrality by 2027. This partnership, starting in 2025, will provide ST’s Malaysian operations with significant renewable energy, supporting their goal of sourcing 100% renewable energy by 2027. The deal underscores ST’s commitment to sustainable practices and ENGIE’s role in the global energy transition.
For further insights into FR:STMPA stock, check out TipRanks’ Stock Analysis page.