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.
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. Peabody CEO Jim Grech said the move into renewables...
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