Sonoco Products, ENGIE North America Enter Virtual Power Purchase Agreement For Production from Big Sampson Wind Project
Author: Benzinga Newsdesk | April 08, 2024 04:14pm
Under the VPPA and subject to certain conditions, Sonoco and ENGIE have agreed to contract for an estimated 140 megawatts of electricity per year, representing approximately 48% of Sonoco's U.S. electricity consumption in 2025 and approximately 52% of the expected output capacity of Big Sampson, for a term of 15 years commencing upon Big Sampson's entry into commercial operation.
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