NYSE:SONPackaging
Sonoco Products (SON) Is Up 6.2% After Major Wind Power Deal - Has The Bull Case Changed?
Sonoco Products Company and ENGIE North America announced that delivery under their 15-year Virtual Power Purchase Agreement from ENGIE’s Big Sampson Wind Project in Texas has commenced, contracted to cover around 83% of Sonoco’s 2025 U.S. electricity consumption and help cut its baseline carbon emissions by about 19%.
This large renewable energy commitment represents a material step in Sonoco’s integrated sustainability plan, supporting its Science Based Targets initiative-validated goal to...