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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Fedex Corp | TG:FDX | Tradegate | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 3.70 | 1.61% | 234.15 | 233.70 | 234.60 | 231.00 | 229.30 | 230.85 | 209 | 22:50:16 |
From Jun 2019 to Jun 2024
DOW JONES NEWSWIRES
FedEx Corp. (FDX) announced plans to install the largest rooftop solar-electricity system in the U.S. as the company announced the latest project with BP PLC's (BP) solar operations.
The project, to be located over 3.3 acres on a Woodbridge, N.J., FedEx Ground distribution center, could provide up to 30% of the property's annual energy needs and generate 2.6 million kilowatt-hours of electricity. That's equivalent to about 250 homes.
BP will install and operate the system while FedEx will pay for the generated power. Installation is slated to begin next month and be completed by November.
BP installed two other rooftop projects on FedEx Freight facilities last year, in California. The oil giant has been increasingly pushing into alternative energy, like other industry giants, to diversify away from crude.
-By Kevin Kingsbury, Dow Jones Newswires; 212-416-2354; kevin.kingsbury@dowjones.com
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