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Verizon Signs Wind and Solar Deals

Verizon Communications announced that it has entered into 15-year Renewable Energy Purchase Agreements (REPAs) for wind and solar to help the company achieve its goal to be net zero in its operational emissions (Scope 1 and 2) by 2035. The agreement with Leeward Renewable Energy calls for Veriz Read More...

Verizon Signs PPA for North Carolina Project

Verizon Communications signed a  long-term power purchase agreement with Leeward Renewable Energy.Construction has started on Leeward’s Oak Trail Solar facility near Moyock, North Carolina and will sell the 100 MW of renewable energy generated at Oak Trail Solar to Verizon.The project is Read More...

Future Verizon Solar Project Closes Financing

A 296 MW solar project that will one day provide clean energy to Verizon Communications received enough funding from Wells Fargo’s sustainable finance program and MUFG Bank to begin construction.Leeward Renewable Energy closed approximately $420 million in construction-to-term financing from M Read More...

Projects Advance for Verizon's Wind, Solar REPAs

Progress is being reported on three projects set to provide nearly 450 MW of clean energy to support the sustainability goals of Verizon Communications Inc. Renewable Energy Purchase Agreement (REPAs) were previously signed with Leeward Renewable Energy, LLC (LRE) for its Big Plain Solar, GSG W Read More...

Verizon Conducts Last Allocation of Green Bond

Verizon Communications Inc. issued its last allocation of the nearly $1 billion of net proceeds from its fifth green bond, which was issued in May 2023.As of February 16, 2024, the telecom company fully allocated the $994.1 million of net proceeds of its green bond entirely to REPAs f Read More...

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