Micron Inks 178-Megawatt Wind Power Agreement With Terra-Gen
Portfolio Pulse from Akanksha Bakshi
Micron Technology has signed a 15-year virtual power purchase agreement with renewable energy developer Terra-Gen for 178 MW of wind generation capacity. The deal supports Micron's goal of achieving 100% renewable energy in the US by 2025.
June 08, 2023 | 2:21 pm
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Micron Technology's 15-year agreement with Terra-Gen for 178 MW wind power supports its renewable energy goal and may improve its corporate image.
The agreement with Terra-Gen supports Micron's renewable energy goal and may improve its corporate image, but the short-term impact on the stock price is uncertain. The stock is currently trading lower by 3.50% at $64.70.
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