Agreement with ENGIE will power 12 RTX sites in
Texas
ARLINGTON, Va., April 18,
2024 /PRNewswire/ -- RTX (NYSE: RTX) announced an
agreement with a subsidiary of ENGIE North
America (ENGIE) that will provide 100% renewable electricity
to 12 of the company's Texas
facilities. The agreement with ENGIE Resources LLC, which runs
through 2033, will begin with six RTX locations in Texas in 2024 and expand to 12 locations by
2028. The deal is RTX's largest renewable energy procurement to
date, nearly doubling the company's usage of renewable electricity
in 2023.
"Increasing our use of renewable electricity is a core focus of
RTX's strategy to reduce greenhouse gas emissions across our
operations," said Annette McNeely,
vice president, Environment, Health & Safety for RTX. "This
agreement will put RTX on a pathway to achieve its 2025 goal of 10%
renewable electricity and its 2030 goal to reduce greenhouse gas
emissions by 46% from 2019 levels."
The agreement will provide more than 1.5 million megawatt hours
of renewable electricity over the next 10 years, reducing RTX
emissions by an estimated 560,000 metric tons of carbon
dioxide—equivalent to the annual electricity usage of more than
100,000 homes. The largest site included in the agreement is RTX's
Raytheon facility in McKinney,
Texas, which produces high-energy lasers, sensors and
radars. Under the agreement, the McKinney location will consume more than 55%
of the total clean energy procured.
The agreement includes renewable energy certificates (RECs) from
ENGIE's Priddy Wind Project, located in Mills County, Texas, for a small portion of
RTX's forecasted load in 2024. The remainder of RTX's load for 2024
and beyond will be sourced with electricity and RECs from several
ENGIE renewable electricity projects in Texas, primarily new projects. Trio (formerly
Edison Energy) served as RTX's clean energy advisor on the
agreement helping to identify, negotiate and secure the deal.
"Trio is proud of its collaboration with RTX and to have
supported this innovative structure for retail-delivered renewable
energy," said Joey Lange, senior
managing director, Energy Supply Advisory at Trio. "This initiative
was the result of a combined process between multiple business
units to make a significant impact on RTX's decarbonization
goals."
About RTX
With more than 185,000 global employees, RTX
pushes the limits of technology and science to redefine how we
connect and protect our world. Through industry-leading businesses
– Collins Aerospace, Pratt & Whitney, and Raytheon – we are
advancing aviation, engineering integrated defense systems, and
developing next-generation technology solutions and manufacturing
to help global customers address their most critical challenges.
The company, with 2023 sales of $69
billion, is headquartered in Arlington, Virginia.
For questions or to schedule an interview, please contact
corporatepr@rtx.com
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SOURCE RTX