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Wells Fargo, a San Francisco-based bank, has negotiated a 10-year renewable energy deal with Reliant Energy, a retail electricity supplier owned by Houston and New Jersey-based NRG Energy.
Wells Fargo, a San Francisco-based bank, has negotiated a 10-year renewable energy deal with Reliant Energy, a retail electricity supplier owned by Houston and New Jersey-based NRG Energy.
Photo: Billy Calzada, employee / staff photographer
Wells Fargo, a San Francisco-based bank, has negotiated a 10-year renewable energy deal with Reliant Energy, a retail electricity supplier owned by Houston and New Jersey-based NRG Energy.
Wells Fargo, a San Francisco-based bank, has negotiated a 10-year renewable energy deal with Reliant Energy, a retail electricity supplier owned by Houston and New Jersey-based NRG Energy.
Photo: Billy Calzada, employee / staff photographer
Wells Fargo, a San Francisco-based bank, has negotiated a 10-year renewable energy deal with Reliant Energy, a retail electricity supplier owned by Houston and New Jersey-based NRG Energy.
The contract will provide approximately 62,000 megawatt hours of solar energy annually to approximately 400 Wells Fargo facilities in Texas' new utility-scale solar facility. The NRG has not yet revealed where the solar power plant will be located, but expects to start construction next year and start operation in 2021.
The agreement is Wells Fargo's first significant deal under the bank's long-term energy strategy, which deals with renewable energy suppliers close to the bank's load center. Wells Fargo pursues similar deals across the country.
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The bank also installs solar systems in more than 100 companies, branch offices and data facilities. The company currently maintains solar arrays in 16 buildings
