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Name | Symbol | Market | Type |
---|---|---|---|
Repsol SA (QX) | USOTC:REPYY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.08 | -0.51% | 15.61 | 15.00 | 16.32 | 15.69 | 15.52 | 15.5801 | 258,849 | 21:12:43 |
By Maitane Sardon
Repsol SA said Tuesday that it would provide renewable power to Kraft Heinz Co. as part of a deal that will help the food-and-beverage company cut its greenhouse-gas emissions.
The Spanish oil-and-gas company said that Kraft Heinz has secured 34.2 megawatts of renewable electricity generated at Repsol's wind farms through a virtual power purchase agreement deal.
Repsol said the twelve-year contract will contribute to Kraft Heinz's goals of obtaining the majority of the electricity it consumes from renewable sources by 2025 and halving its greenhouse-gas emissions by 2030. Financial details weren't disclosed.
Write to Maitane Sardon at maitane.sardon@wsj.com
(END) Dow Jones Newswires
June 28, 2022 03:02 ET (07:02 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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