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Agreement

RNS Number : 2394C

Compagnie de Saint-Gobain

06 February 2024

SAINT-gobain signs a renewable electricity supply agreement in italy

Saint-Gobain has signed a 10-year renewable electricity supply agreement (Power Purchase Agreement or PPA) in Italy with Axpo Italia.

This contract covers the purchase of electricity generated by a newly built wind farm located in the Puglia region.

Axpo Italia will provide around 22 GWh of green electricity per year, or 11% of Saint-Gobain's electricity needs in Italy.

This contract is the fifth PPA signed by Saint-Gobain in Italy. Combined, the five projects are expected to cover more than 20% of Saint-Gobain's electricity needs in the country and contribute to reducing Saint-Gobain's scope 2 CO₂ emissions in Italy by around 40% in 2024 compared with 2017.

About Saint-Gobain

Worldwide leader in light and sustainable construction, Saint-Gobain designs, manufactures and distributes materials and services for the construction and industrial markets. Its integrated solutions for the renovation of public and private buildings, light construction and the decarbonization of construction and industry are developed through a continuous innovation process and provide sustainability and performance. The Group's commitment is guided by its purpose, "MAKING THE WORLD A BETTER HOME".

€51.2 billion in sales in 2022

168,000 employees, locations in 75 countries

Committed to achieving Carbon Neutrality by 2050

For more information about Saint-Gobain, visit www.saint-gobain.com and follow us on X @saintgobain

Analyst/investor relations		Press relations
Vivien Dardel:	+33 1 88 54 29 77	Patricia Marie:	+33 1 88 54 26 83
Floriana Michalowska:	+33 1 88 54 19 09	Laure Bencheikh:	+33 1 88 54 26 38
Alix Sicaud:	+33 1 88 54 38 70
James Weston:	+33 1 88 54 01 24

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END

AGRUPUCPPUPCGMQ

Agreement - Compagnie de Saint Gobain | RNS | Ticker

RNS Number : 2394C

Compagnie de Saint-Gobain

06 February 2024

SAINT-gobain signs a renewable electricity supply agreement in italy

Saint-Gobain has signed a 10-year renewable electricity supply agreement (Power Purchase Agreement or PPA) in Italy with Axpo Italia.

This contract covers the purchase of electricity generated by a newly built wind farm located in the Puglia region.

Axpo Italia will provide around 22 GWh of green electricity per year, or 11% of Saint-Gobain's electricity needs in Italy.

This contract is the fifth PPA signed by Saint-Gobain in Italy. Combined, the five projects are expected to cover more than 20% of Saint-Gobain's electricity needs in the country and contribute to reducing Saint-Gobain's scope 2 CO₂ emissions in Italy by around 40% in 2024 compared with 2017.

About Saint-Gobain

Worldwide leader in light and sustainable construction, Saint-Gobain designs, manufactures and distributes materials and services for the construction and industrial markets. Its integrated solutions for the renovation of public and private buildings, light construction and the decarbonization of construction and industry are developed through a continuous innovation process and provide sustainability and performance. The Group's commitment is guided by its purpose, "MAKING THE WORLD A BETTER HOME".

€51.2 billion in sales in 2022

168,000 employees, locations in 75 countries

Committed to achieving Carbon Neutrality by 2050

For more information about Saint-Gobain, visit www.saint-gobain.com and follow us on X @saintgobain

Analyst/investor relations		Press relations
Vivien Dardel:	+33 1 88 54 29 77	Patricia Marie:	+33 1 88 54 26 83
Floriana Michalowska:	+33 1 88 54 19 09	Laure Bencheikh:	+33 1 88 54 26 38
Alix Sicaud:	+33 1 88 54 38 70
James Weston:	+33 1 88 54 01 24

END

AGRUPUCPPUPCGMQ

TIDM	COD
Share Price	Loading...
Market Cap	Loading...

Date	6 Feb 2024
Time	17:27:05
Category	Acquisitions and alliances
ID	2394C

TIDM	COD
Share Price	Loading...
Market Cap	Loading...

Date	6 Feb 2024
Time	17:27:05
Category	Acquisitions and alliances
ID	2394C

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Company Information

AI Summary

RNS Metadata

Agreement

Saint-Gobain has signed a 10-year renewable electricity supply agreement (Power Purchase Agreement or PPA) in Italy with Axpo Italia.

This contract covers the purchase of electricity generated by a newly built wind farm located in the Puglia region.

Axpo Italia will provide around 22 GWh of green electricity per year, or 11% of Saint-Gobain's electricity needs in Italy.

This contract is the fifth PPA signed by Saint-Gobain in Italy. Combined, the five projects are expected to cover more than 20% of Saint-Gobain's electricity needs in the country and contribute to reducing Saint-Gobain's scope 2 CO₂ emissions in Italy by around 40% in 2024 compared with 2017.

About Saint-Gobain

€51.2 billion in sales in 2022

168,000 employees, locations in 75 countries

Committed to achieving Carbon Neutrality by 2050

For more information about Saint-Gobain, visit www.saint-gobain.com and follow us on X @saintgobain

Company Information

AI Summary

RNS Metadata

Saint-Gobain has signed a 10-year renewable electricity supply agreement (Power Purchase Agreement or PPA) in Italy with Axpo Italia.

This contract covers the purchase of electricity generated by a newly built wind farm located in the Puglia region.

Axpo Italia will provide around 22 GWh of green electricity per year, or 11% of Saint-Gobain's electricity needs in Italy.

This contract is the fifth PPA signed by Saint-Gobain in Italy. Combined, the five projects are expected to cover more than 20% of Saint-Gobain's electricity needs in the country and contribute to reducing Saint-Gobain's scope 2 CO₂ emissions in Italy by around 40% in 2024 compared with 2017.

About Saint-Gobain

€51.2 billion in sales in 2022

168,000 employees, locations in 75 countries

Committed to achieving Carbon Neutrality by 2050

For more information about Saint-Gobain, visit www.saint-gobain.com and follow us on X @saintgobain

t

t

Company Information

AI Summary

RNS Metadata

Saint-Gobain has signed a 10-year renewable electricity supply agreement (Power Purchase Agreement or PPA) in Italy with Axpo Italia.

This contract covers the purchase of electricity generated by a newly built wind farm located in the Puglia region.

Axpo Italia will provide around 22 GWh of green electricity per year, or 11% of Saint-Gobain's electricity needs in Italy.

This contract is the fifth PPA signed by Saint-Gobain in Italy. Combined, the five projects are expected to cover more than 20% of Saint-Gobain's electricity needs in the country and contribute to reducing Saint-Gobain's scope 2 CO2 emissions in Italy by around 40% in 2024 compared with 2017.

About Saint-Gobain

€51.2 billion in sales in 2022

168,000 employees, locations in 75 countries

Committed to achieving Carbon Neutrality by 2050

For more information about Saint-Gobain, visit www.saint-gobain.com and follow us on X @saintgobain

Company Information

AI Summary

RNS Metadata

Saint-Gobain has signed a 10-year renewable electricity supply agreement (Power Purchase Agreement or PPA) in Italy with Axpo Italia.

This contract covers the purchase of electricity generated by a newly built wind farm located in the Puglia region.

Axpo Italia will provide around 22 GWh of green electricity per year, or 11% of Saint-Gobain's electricity needs in Italy.

This contract is the fifth PPA signed by Saint-Gobain in Italy. Combined, the five projects are expected to cover more than 20% of Saint-Gobain's electricity needs in the country and contribute to reducing Saint-Gobain's scope 2 CO2 emissions in Italy by around 40% in 2024 compared with 2017.

About Saint-Gobain

€51.2 billion in sales in 2022

168,000 employees, locations in 75 countries

Committed to achieving Carbon Neutrality by 2050

For more information about Saint-Gobain, visit www.saint-gobain.com and follow us on X @saintgobain

This contract is the fifth PPA signed by Saint-Gobain in Italy. Combined, the five projects are expected to cover more than 20% of Saint-Gobain's electricity needs in the country and contribute to reducing Saint-Gobain's scope 2 CO₂ emissions in Italy by around 40% in 2024 compared with 2017.

This contract is the fifth PPA signed by Saint-Gobain in Italy. Combined, the five projects are expected to cover more than 20% of Saint-Gobain's electricity needs in the country and contribute to reducing Saint-Gobain's scope 2 CO₂ emissions in Italy by around 40% in 2024 compared with 2017.