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Microsoft buying output from Singapore clean energy project

Published 03/02/2018, 09:56 AM
© Reuters.  Microsoft buying output from Singapore clean energy project
MSFT
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  • Microsoft (NASDAQ:MSFT) agrees to buy the full energy output from a 60MW solar project from Singapore’s Sunseap Group.
  • The agreement between Microsoft and Sunseap will last 20 years and marks the tech giant’s first clean energy deal in Asia.
  • Microsoft says the project will involve solar panels across hundreds of roofs in the region.
  • Late last year, Microsoft and GE entered into a 15-year wind energy agreement in Ireland.
  • Microsoft shares are down 1.5%.
  • Previously: Microsoft, GE announce 15-year wind energy deal in Ireland (Oct. 9, 2017)
  • Now read: Dividends Don't Lie


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