Why Salesforce, Gap, Bloomberg, and Others Are Teaming up to Buy Solar

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Why Salesforce, Gap, Bloomberg, and Others Are Teaming up to Buy Solar

By: Eillie Anzilotti
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In a new clean energy deal, five companies are pooling their resources to fund a solar project in North Carolina, hopefully paving the way for more companies to collaborate on clean energy investments. @fastcompany @bloomberg http://bit.ly/2T06krN
Tuesday, January 22, 2019 - 3:55pm

CAMPAIGN: Bloomberg: Sustainable Business

CONTENT: Article

It sounds like the opening line of a sustainable businesses nerd joke: Bloomberg, Salesforce, Gap Inc., Cox Enterprises, and Workday walked into a solar purchasing agreement together.

But this is actually something that is happening: The five companies have teamed up to collectively act as the anchor tenant of a new 100-megawatt solar project in North Carolina. They’ll be able to use the shared solar to offset the energy use of some of their own operations across the country, and the purchase will help increase the share of clean energy flowing through the local grid.

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CATEGORY: Energy