Brunswick Inks Power Purchase Agreement With Vesper Energy

Brunswick Corp BC has entered into a virtual power purchase agreement (VPPA) with Vesper Energy for clean solar energy to offset a majority of the projected electrical power needs.
Under the multi-year agreement, Vesper will deliver an estimated 57MW of renewable energy annually to the North American grid.
The solar energy will be generated from Vesper's 500 MW Hornet Solar project in Texas, expected to be fully operational by the end of 2023.
Brunswick expects the commitment to diversify its renewable energy portfolio.
Price Action: BC shares closed lower by 0.36% at $100.37 on Monday.