on SAINT-GOBAIN (EPA:SGO)
Saint-Gobain Secures Renewable Electricity Supply in Romania
Saint-Gobain has entered into a renewable electricity supply agreement with OMV PETROM SA, starting January 2026. This five-year contract will harness power from wind and photovoltaic sources, providing approximately 800 GWh of green electricity. This initiative will cover all electricity needs for Saint-Gobain’s operations in Romania, aligning with their target for net zero carbon emissions by 2050.
The contract involves green electricity for Saint-Gobain's 14 industrial sites in Romania, engaging in various sectors such as glass, insulation, plasterboard, and construction chemicals. This agreement marks the second Power Purchase Agreement (PPA) signed by the company in the country, reinforcing its commitment to decarbonization and sustainable industry practices.
R. H.
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