Source - LSE Regulatory
RNS Number : 0787N
Compagnie de Saint-Gobain
02 May 2024
SAINT-gobain signs a renewable electricity supply agreement in ROMANIA
Saint-Gobain has signed a 5-year renewable electricity supply agreement (Power Purchase Agreement or PPA) in Romania with OMV PETROM SA.
This contract covers the purchase of green electricity from wind and photovoltaic sources provided by energy supplier OMV PETROM SA and will start in January 2026.
OMV PETROM SA will provide around 800 GWh of green electricity for a period of 5 years. This contract, combined with a photovoltaic park currently in the final stage of development at the Călărași glass plant, will cover 100% of Saint-Gobain's electricity needs in Romania.
Saint-Gobain Romania has 14 industrial sites in the country, covering glass, insulation, plasterboard, and construction chemicals activities.
This contract is the second PPA signed by Saint-Gobain in Romania and will contribute to Saint-Gobain's strategy of reducing its carbon footprint in the country in line with the Group's net zero carbon emissions goal by 2050.
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".
€47.9 billion in sales in 2023
160,000 employees, locations in 76 countries
Committed to achieving net zero carbon emissions by 2050
For more information about Saint-Gobain, visit www.saint-gobain.com and follow us on X @saintgobain
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