Commercial | Page 23

EMD Electronics, the U.S. and Canada electronics business of Merck KGaA, Darmstadt, Germany, a science and technology company, signed a 16-year, off-site, virtual power purchase agreement (VPPA).

Morgan Stanley Investment Management (MSIM) announced that it completed a first close for the 1GT climate private equity strategy (1GT) at $500 million of equity capital commitments.

ICON plc, a healthcare intelligence and clinical research organization, revealed the progress it has made in advancing its sustainability goals in 2022, with 61.7% of electricity in 2022 sourced from renewables.

Emirates, an international airline, announced it committed US$200 million to fund research and development projects focused on reducing the impact of fossil fuels in commercial aviation.

Verizon Communications Inc. settled its fifth green bond offering of $1 billion with proceeds going toward renewable energy investments.

Microsoft will adopt the use of electricity from a fusion power plant that is expected to generate 50 MW or more.

AT&T signed an agreement to subscribe to a five-project community solar portfolio in Upstate New York.

The U.S. Department of Energy (DOE) announced an investment of $26 million for eight selected projects to demonstrate how solar, wind, storage, and other clean energy resources will support a strong U.S. power grid.

Zuora, Inc., a monetization platform provider for recurring revenue businesses, reached 100% renewable energy for its global real estate footprint.

As we look forward to the next edition of the Renewable Energy Forum, June 5-7 in Ponte Vedra Beach, Florida, let's take a look back at the June 2022 Renewable Energy Forum. This Insights report, part of our continuing series, offers a recap of selected general sessions to give you an idea of how buyers and suppliers came together to share ideas on best practices in renewable energy sourcing.