HOUSTON, June 06, 2018 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE: SYY ), the leading global foodservice distribution company, announced today that the Company has signed a ten-year renewable energy agreement with a subsidiary of NRG Energy, Inc. As part of the agreement, three solar garden sites are being constructed in the Houston and Dallas areas, which will support approximately 10 percent of Sysco’s U.S. electricity usage.
“We are excited to further Sysco’s commitment to corporate social responsibility,” said Tom Bené, Sysco’s president and chief executive officer. “The Texas Solar Garden Project is a new addition to several initiatives we have in place to address our carbon footprint. Reducing the environmental impact of our operations makes good business sense as we continuously improve efficiencies in our supply chain.”
The environmental benefits of this program include reducing approximately 37,000 tons of CO2 emissions a year, which equates to taking more than 7,000 cars off the road. The solar garden sites total 25 megawatts of renewable energy generation and will support the majority of the Company’s electricity load in Texas, including the Corporate Headquarters.
“Renewable power is an important part of Sysco’s energy strategy,” said Robert Gaudette, President of NRG Business Solutions. “To help them meet their ambitious goals, NRG customized a simple electricity solution, in a familiar fixed price structure, that benefits Sysco’s operations, bottom line and the environment.”
The solar garden sites are expected to be operational by Q1 2019.
About Sysco Sysco is the global leader in selling, marketing and distributing food products to restaurants, healthcare and educational facilities, lodging establishments and other customers who prepare meals away from home. Its family of products also includes equipment and supplies for the foodservice and hospitality industries. With over 65,000 associates, the company operates approximately 300 distribution facilities worldwide and serves more than 500,000 customer locations. For fiscal 2017 that ended July 1, 2017, the company generated sales of more than $55 billion.
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For more information contact:
Neil Russell Investor Contact T 281-584-1308
Camilla Zuckero Media Contact T 281-899-1839
