01
Mar
19:18
Peabody launches joint renewable energy company
St. Louis, Missouri-based coal producer Peabody has launched a joint venture renewable energy company, R3 Renewables, to develop utility-scale solar and battery storage projects.
According to an update obtained by Kallanish, Peabody has announced the launch of R3 Renewables with partners Riverstone Credit Partners and Summit Partners Credit Advisors. The newly-launched venture plans to develop 3.3 gigawatts of solar energy and 1.6 GW of battery storage capacity ov…
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