Peabody moves into renewables

PEABODY Energy has launched R3 Renewables LLC, a renewable energy development company in a joint venture with Riverstone Credit Partners and Summit Partners Credit Advisors.

Peabody's move into renewables supported the company’s environmental, social and governance goals.

02 March 2022
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R3 Renewables will pursue the development of more than 3.3 gigawatts of solar photovoltaic and 1.6GW of battery storage capacity over the next five years.

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