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RNS Number : 6230S

Compagnie de Saint-Gobain

07 November 2023

Saint-Gobain signs a renewable electricity supply agreement with Alpiq Energie France

Paris, November 7, 2023 - In France, Saint-Gobain has signed a 14-year renewable electricity supply agreement (Power Purchase Agreement or PPA) with Alpiq Energie France.

This contract covers the purchase of electricity generated by two solar farms located in Moselle (East of France). Alpiq Energie France will supply over 500 GWh of solar electricity to Saint-Gobain over the course of the PPA. Thanks to this agreement, 11 Saint-Gobain plants in France will use 100% solar electricity.

This contract is the third PPA signed by Saint-Gobain in France. Combined, the three projects are expected to reduce Saint-Gobain's scope 2 emissions in France by nearly 10% in 2024 compared with 2017 levels.

Alpiq Energie France offers all-in-one solutions, including in its complete supply offer the PPAs resulting from its selective sourcing strategy with a panel of producers. This contract demonstrates Alpiq Energie France's approach to supporting its customers' energy transition.

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About Alpiq Energie France

Alpiq Energie France has been supplying electricity and gas to business and households customers for over 20 years. A key supplier to large industrial consumers, Alpiq also operates hydroelectric and wind power generation facilities in France and purchases electricity from numerous independent generators.

The Alpiq Group is a leading Swiss electricity producer and energy services provider, active in all major European markets for many years.

 
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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".

EUR51.2 billion in sales in 2022

168,000 employees, locations in 75 countries

Committed to achieving Carbon Neutrality by 2050

For more information about the Group, visit http://www.saint-gobain.com/ and follow us on X @saintgobain

 
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November 07, 2023 02:11 ET (07:11 GMT)

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