CVS Health Enters Agreement With Constellation to Purchase Renewable Energy
14 6월 2023 - 10:00PM
Business Wire
CVS Health’s long-term commitment supports
development of 18 megawatts of new solar energy; helps company
reduce carbon footprint associated with its energy use by nearly
17,000 metric tons each year
CVS Health® (NYSE: CVS) today announced an 18 megawatt agreement
with Constellation (NASDAQ: CEG) to purchase zero-emission,
renewable energy equivalent to the annual electricity use of its
147 CVS Health locations throughout Michigan.
Through a 12-year agreement beginning in April 2025, CVS Health
will purchase energy and renewable energy certificates (RECs) from
Swift Current Energy’s Double Black Diamond Solar Project in
Illinois. This is made possible by a long-term agreement between
Constellation and Swift Current Energy under which Constellation
will purchase a portion of the energy and RECs generated by Double
Black Diamond. Construction of the project began in earnest in
March 2023.
In total, CVS Health will procure approximately 35,000 megawatt
hours of energy per year from Double Black Diamond, which is
expected to help the company reduce its carbon footprint by nearly
17,000 metric tons calculated on an annual basis. This is the
equivalent emissions of nearly 3,800 gasoline-powered passenger
vehicles driven for one year, according to U.S. EPA greenhouse gas
equivalencies.
“We continue to see the significant impact the environment has
on our health and well-being,” said Sheryl Burke, SVP of Corporate
Social Responsibility and Chief Sustainability Officer for CVS
Health. “That’s why we’re focused on investing in clean, renewable
energy and advancing all our sustainability commitments to improve
the health of our planet.”
CVS Health will use the Constellation Offsite Renewables (CORe)
product to facilitate its renewable energy transaction. CORe
connects customers to the economic and sustainability benefits of
large-scale, offsite renewable energy projects and is among
Constellation’s suite of retail power products that help customers
achieve their carbon reduction goals. Customers also have
opportunities to utilize our regionally produced hourly carbon-free
energy matching solution, which matches power when they need it
most.
"By entering into this enduring relationship, CVS Health is
embracing sustainable energy sources, while supporting a newly
constructed renewable resource," stated Jim McHugh, Chief
Commercial Officer at Constellation. "We take great pride in
supporting CVS Health on its path towards sustainability and
providing them with a carbon-free energy solution that propels
their efforts in reducing emissions."
Investing in renewable energy is part of CVS Health’s commitment
to reducing its environmental impact. Recognized as a corporate
leader in climate action, the company was one of the first in the
world to have its net-zero targets validated by the Science-Based
Target Initiative. CVS Health continues to reduce resource
consumption across its operations through lighting and
transportation upgrades, optimizing digital solutions to reduce
paper, alternatives to single-use bags and offering products that
are good for customers and the environment.
For more information about CVS Health’s ongoing efforts to build
a healthier, more equitable and sustainable future, view the
company’s ESG Report.
Eric Lammers, co-founder and CEO, Swift Current Energy, said,
“We are delighted to add CVS Health as the latest customer that
will benefit from the emissions-free energy produced by our Double
Black Diamond solar project. Double Black Diamond is one of the
largest solar projects under construction in the US and is
supporting construction jobs, as well as U.S. manufacturing jobs
associated with the steel foundations, the tracker systems, and the
solar modules. We look forward to bringing the project online next
year.”
With an estimated total capacity of 593 MWac, Swift Current
Energy’s Double Black Diamond solar project will produce
electricity sufficient to power the equivalent of more than 100,000
homes from its location in Sangamon and Morgan counties,
Illinois.
About CVS Health
CVS Health® is the leading health solutions company, delivering
care like no one else can. We reach more people and improve the
health of communities across America through our local presence,
digital channels and over 300,000 dedicated colleagues – including
more than 40,000 physicians, pharmacists, nurses and nurse
practitioners. Wherever and whenever people need us, we help them
with their health – whether that’s managing chronic diseases,
staying compliant with their medications or accessing affordable
health and wellness services in the most convenient ways. We help
people navigate the health care system – and their personal health
care – by improving access, lowering costs and being a trusted
partner for every meaningful moment of health. And we do it all
with heart, each and every day. Follow @CVSHealth on social
media.
About Constellation
Headquartered in Baltimore, Constellation Energy Corporation
(Nasdaq: CEG) is the nation’s largest producer of clean,
carbon-free energy and a leading supplier of energy products and
services to businesses, homes, community aggregations and public
sector customers across the continental United States, including
three fourths of Fortune 100 companies. With annual output that is
nearly 90% carbon-free, our hydro, wind and solar facilities paired
with the nation’s largest nuclear fleet have the generating
capacity to power the equivalent of 15 million homes, providing
around 10% of the nation’s clean energy. We are further
accelerating the nation’s transition to a carbon-free future by
helping our customers reach their sustainability goals, setting our
own ambitious goal of achieving 100% carbon-free generation by
2040, and by investing in promising emerging technologies to
eliminate carbon emissions across all sectors of the economy.
Follow Constellation on LinkedIn and Twitter.
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version on businesswire.com: https://www.businesswire.com/news/home/20230614258739/en/
CVS Health: Courtney Tavener CVS Health
Courtney.Tavener@CVSHealth.com
Constellation: David Marcheskie Constellation
410-470-9700 David.Marcheskie@constellation.com
Constellation Energy (NASDAQ:CEG)
과거 데이터 주식 차트
부터 4월(4) 2024 으로 5월(5) 2024
Constellation Energy (NASDAQ:CEG)
과거 데이터 주식 차트
부터 5월(5) 2023 으로 5월(5) 2024