Stoneridge signs three-year agreement with Direct Energy to source 100% renewable electricity for Lexington manufacturing facility
Type: Supply Agreement · Technology: Other · Country: United States · Announced: 2025-02-27
Stoneridge, Inc. entered a three-year agreement with NRG Energy, Inc.'s Direct Energy brand to purchase renewable energy certificates (RECs) sourced from a wind facility to cover 100% of electricity needs at its Lexington, Ohio manufacturing facility, providing over 13,000 MWh of carbon-free electricity annually.
Counterparties
- NRG Energy, Inc. (Direct Energy) (Supplier)
- Stoneridge, Inc (Offtaker)
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