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Is The Nrg Solar Gardens A Scam

The renewable energy sites will support approximately 10 percent of Sysco's U.S. electricity usage

HOUSTON, Feb. 25, 2019 (GLOBE NEWSWIRE) -- Sysco Corporation (SYY), the leading global foodservice distribution company, announced today that the Company's solar garden sites in the Houston and Dallas areas are fully-constructed and operational. The three sites, named collectively "Sysco Power Patch" through an employee naming competition, are part of a 25 megawatt, ten-year renewable energy agreement with a subsidiary of NRG Energy, Inc. The project will support the majority of Sysco's electricity load in Texas, including its Corporate Headquarters.

The "Sysco Power Patch" sites took six months to build and created 190 jobs during the peak of construction in 2018. The project sites are on 224 total acres and feature 201,792 solar panels. The sites will support approximately 10 percent of Sysco's U.S. electricity usage, achieving half of the Company's 2025 Responsibility Goal of 20 percent renewable energy by 2025.

"We are committed to providing our customers with energy solutions that help achieve their goals," said Mauricio Gutierrez, president and chief executive officer, NRG Energy. "It is our honor to support the advancement of Sysco's corporate responsibility strategy with a customized approach to renewable power."

To celebrate this renewable energy activation, Sysco and NRG hosted an event at Sysco's Corporate Headquarters in Houston, also attended by U.S. Representative Lizzie Fletcher.

"We are extremely proud to have the Sysco Power Patch sites operational and generating renewable energy," said Tom Bené, Sysco's chairman, president and chief executive officer. "These sites will reduce our carbon footprint, in order to protect and preserve the environment for future generations. Further, this project demonstrates Sysco's commitment to corporate social responsibility and helps as we work to Deliver A Better Tomorrow."

About Sysco
Sysco is the global leader in selling, marketing and distributing food products to restaurants, healthcare and educational facilities, lodging establishments and other customers who prepare meals away from home. Its family of products also includes equipment and supplies for the foodservice and hospitality industries. With over 65,000 associates, the company operates approximately 300 distribution facilities worldwide and serves more than 500,000 customer locations. For fiscal 2017 that ended July 1, 2017, the company generated sales of more than $55 billion.

For more information, visit www.sysco.com or connect with Sysco on Facebook at www.facebook.com/SyscoCorporation or Twitter at www.twitter.com/Sysco. For important news and information regarding Sysco, visit the Investor Relations section of the company's Internet home page at investors.sysco.com, which Sysco plans to use as a primary channel for publishing key information to its investors, some of which may contain material and previously non-public information. Investors should also follow us at www.twitter.com/SyscoStock and download the Sysco IR App, available on the iTunes App Store and the Google Play Market. In addition, investors should continue to review our news releases and filings with the Securities and Exchange Commission. It is possible that the information we disclose through any of these channels of distribution could be deemed to be material information.

About NRG

At NRG, we're redefining power by putting customers at the center of everything we do. We create value by generating electricity and serving nearly 3 million residential and commercial customers through our portfolio of retail electricity brands. A Fortune 500 company, NRG delivers customer-focused solutions for managing electricity, while enhancing energy choice and working towards a sustainable energy future. More information is available at www.nrg.com. Connect with NRG on Facebook, LinkedIn and follow us on Twitter @nrgenergy, @nrginsight.

For more information contact:

Camilla Zuckero
Investor & Media Contact
Zuckero.camilla@corp.sysco.com
T 281-899-1839

A video accompanying this release is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/bf484701-c6de-4e44-bc85-e64599f87d58.

Is The Nrg Solar Gardens A Scam

Source: https://finance.yahoo.com/news/sysco-announces-multi-solar-gardens-220000165.html

Posted by: bruggemaninden1957.blogspot.com

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