Ferguson, Engie collaborate on new renewable energy project

Ferguson (FERG) and ENGIE North America announced a 65 MW Virtual Power Purchase Agreement, VPPA, from ENGIE’s Century Oak wind project located in Callahan County, Texas, 160 miles west of Dallas. This VPPA between ENGIE and Ferguson, a leading value-added distributor providing expertise, solutions and products from infrastructure, plumbing and appliances to HVAC, fire, fabrication and more, is expected to generate enough clean wind power to match a significant portion of Ferguson’s annual electricity use in the United States and Canada. The agreement with ENGIE, a subsidiary of ENGIE S.A. (ENGIY), a global leader in the transition to renewable energy, is part of Ferguson’s strategy to reduce its environmental footprint through fleet management, energy-efficient upgrades across its facilities, investing in onsite solar and seeking offsite renewable energy opportunities.