Agreement

Compagnie de Saint-Gobain

02 May 2024

 

SAINT-gobain signs a renewable electricity supply agreement in ROMANIA

 

Saint-Gobain has signed a 5-year renewable electricity supply agreement (Power Purchase Agreement or PPA) in Romania with OMV PETROM SA.

This contract covers the purchase of green electricity from wind and photovoltaic sources provided by energy supplier OMV PETROM SA and will start in January 2026.

OMV PETROM SA will provide around 800 GWh of green electricity for a period of 5 years. This contract, combined with a photovoltaic park currently in the final stage of development at the Călărași glass plant, will cover 100% of Saint-Gobain's electricity needs in Romania.

Saint-Gobain Romania has 14 industrial sites in the country, covering glass, insulation, plasterboard, and construction chemicals activities.

This contract is the second PPA signed by Saint-Gobain in Romania and will contribute to Saint-Gobain's strategy of reducing its carbon footprint in the country in line with the Group's net zero carbon emissions goal by 2050.

 

About Saint-Gobain

Worldwide leader in light and sustainable construction, Saint-Gobain designs, manufactures and distributes materials and services for the construction and industrial markets. Its integrated solutions for the renovation of public and private buildings, light construction and the decarbonization of construction and industry are developed through a continuous innovation process and provide sustainability and performance. The Group's commitment is guided by its purpose, "MAKING THE WORLD A BETTER HOME".

 

€47.9 billion in sales in 2023

160,000 employees, locations in 76 countries

Committed to achieving net zero carbon emissions by 2050

 

For more information about Saint-Gobain, visit www.saint-gobain.com and follow us on X @saintgobain

Analyst/investor relations		Press relations
Vivien Dardel:	[phone]	Patricia Marie:	[phone]
Floriana Michalowska:	[phone]	Laure Bencheikh:	[phone]
Alix Sicaud:	[phone]	Yanice Biyogo:		[phone]
James Weston:	[phone]

 

 

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