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ReNew Signs 437.6 MW Green Attribute Contract with Microsoft

Aug 27, 2024almost 2 years ago

Contract Type

contract

New YorkSoftwareinformation technology & services

Description

ReNew, India’s leading renewable energy company, has signed a green attribute sale contract of 437.6 MW with Microsoft. The contract is expected to generate over one million units of green electricity attributes annually, contributing to Microsoft’s ambition to be carbon-negative by 2030. In addition, approximately US $15 million of revenue from the contract will be directed towards a community fund to support environmental justice initiatives.

Company Information

Company

ReNew

Location

228 Park Avenue South

New York, New York, United States

About

Renew is on a mission to make renting more meaningful and valuable for everyone. One hundred million renters go through the lease renewal process every year. We’re modernizing the way they live and move within apartment networks - and how properties define retention. A win-win for both. We help apartment owners and operators transform the resident renewal process and power retention on a portfolio-wide basis. We help renters seamlessly renew their lease or navigate finding another home within their community's portfolio.

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