Business
Conagra Brands Collaborates with Bloom Energy to Utilize Fuel Cell Technology at its Ohio Production Facilities
Conagra Brands, Inc. (NYSE: CAG) and Bloom Energy (NYSE: BE), a global leader in power solutions, today announced they will collaborate to utilize Bloom's fuel cell technology at Conagra's Troy and Archbold, Ohio production facilities. The 15-year PPA (power purchase agreement) will deploy approximately six megawatts and provide combustion-free electricity generation, supplying approximately 70% to 75% of the electricity needs at the Troy and Archbold facilities, while also projecting a 19% decr
About this update from Conagra Brands, Inc.
[{"type":"text","content":"New Technology Leverages Renewable Energy Solutions and Advances Conagra's Climate Change Goals","length":99,"tagName":"p","attribs":{}},{"type":"text","content":"CHICAGO, April 1, 2025 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG) and Bloom Energy (NYSE: BE), a global leader in power solutions, today announced they will collaborate to utilize Bloom's fuel cell technology at Conagra's Troy and Archbold, Ohio production facilities. The 15-year PPA (power purchase agreement) will deploy approximately six megawatts and provide combustion-free electricity generation, supplying approximately 70% to 75% of the electricity needs at the Troy and Archbold facilities, while also projecting a 19% decrease in their greenhouse gas emissions. This initiative aligns with Conagra's 2030 science-based greenhouse gas reduction targets1, which have been validated by the Science Based Targets initiative, a leading corporate climate effort driving the transition to a zero-carbon economy.","length":833,"tagName":"p"},{"type":"image","alt":"Conagra Brands, Inc., headquartered in Chicago, is one of North America's leading branded food companies. (PRNewsfoto/Conagra Brands)","displaySize":"","headline":null,"caption":"Conagra Brands, Inc., headquartered in Chicago, is one of North America's leading branded food companies. (PRNewsfoto/Conagra Brands)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":295,"url":"https://media.zenfs.com/en/prnewswire.com/0ff67d2dfdd0e6b9c00ab658ccd990fa"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/_Dob3FihixGFkWblwh6yOA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTUyMDtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/0ff67d2dfdd0e6b9c00ab658ccd990fa","width":400,"height":295}},"href":"https://mma.prnewswire.com/media/479094/CB_CMYK_Texture_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Bloom's fuel cells generate resilient, sustainable and predictable electricity without combustion, with "always-on" power reliability. Bloom's combustion-free fuel cells avoid the release of pollutants such as nitrogen oxides, carbon monoxide and other particulate matter typically associated with combustion-based power generation methods.","length":358,"tagName":"p"},{"type":"text","content":""We are delighted to partner with Conagr...