Procter & Gamble

EDF Renewable Energy Enters into Partnership with Procter & Gamble to Supply Electricity

Submitted by aburr on Tue, 2015-11-10 12:46

Via its subsidiary EDF Renewable Energy (EDF RE), the EDF Group entered into a partnership with Procter & Gamble (P&G) to supply electricity to all North American manufacturing sites for P&G laundry and household products using wind energy. The electricity sold to P&G, within the context of a long-term PPA, will be generated by a wind power farm due to go into operation at the end of 2016 in Cooke County, Texas.

Investor Sequester

State complaints over FERC-granted equity returns could dry up funding for transmission expansion.

Perhaps sensing the weight of evidence allayed against them, transmission owners have thrown caution to the wind by openly and admittedly submitting an ROE analysis that doesn’t comport with FERC precedent.

Byline: 

Bruce W. Radford

Read Entire Article