(Bloomberg) -- Walmart Inc. reached a deal to power more than 40 stores in five states with solar energy as it works toward a goal of getting half its electricity from renewables by 2025.
The retail giant signed 46 power-purchase agreements and leases with C2 Energy Capital LLC, the New York-based solar company said in a statement Wednesday. The projects supplying the power will produce more than 65 gigawatt hours annually, enough to furnish as much as 60% of each store's electricity.
The stores are in Arizona, New Jersey, Maryland, California and Louisiana, Walmart spokesman Micah Ragland said in an email.
To contact the reporter on this story: Gerald Porter Jr. in New York at gporter30@bloomberg.net
To contact the editors responsible for this story: Lynn Doan at ldoan6@bloomberg.net, Joe Ryan, Christine Buurma
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