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Share Name Share Symbol Market Type
Enel Spa BIT:ENEL Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.091 1.68% 5.513 5.512 5.515 5.529 5.437 5.445 24,582,501 16:29:59

Kellogg, Enel Sign Agreement for Wind Power in North America

03/03/2021 3:11pm

Dow Jones News


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By Giulia Petroni

 

Kellogg Co. has signed a long-term power purchase agreement with Enel SpA's subsidiary Enel Green Power in North America for about 360 gigawatt hours of wind electricity a year.

The U.S. food maker said Wednesday that it will receive a portion of the electricity delivered to the grid from the Azure Sky wind-and-storage project in Texas. The portion will be equal to 50% of the volume of electricity used across its North American manufacturing facilities.

Enel has started construction of the project and the wind farm is expected to be operational in 2022, according to Kellogg.

The company also said it aims to achieve over 50% of renewable energy for its manufacturing globally by the end of 2022.

 

Write to Giulia Petroni at giulia.petroni@wsj.com

 

(END) Dow Jones Newswires

March 03, 2021 09:56 ET (14:56 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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