Fresenius Medical Care Inks Virtual Power Purchase Agreements For Renewable Energy

RTTNews | 147 days ago
Fresenius Medical Care Inks Virtual Power Purchase Agreements For Renewable Energy

(RTTNews) - Fresenius Medical Care (FMS) announced Wednesday it has signed five virtual power purchase agreements (vPPAs) with wind and solar energy project developers in Germany and the U.S. The projects are expected to feed around 580 gigawatt hours of renewable energy into the grid, which equals up to 46 percent of FME's most recently reported global consumption.

The company is thus taking an important step towards its goal of reducing emissions in its own operations (Scope 1 and 2) by 50 percent by 2030.

The wind and solar power are generated from five energy projects as part of the vPPAs. The wind and solar parks are scheduled to go into operation in 2024 and 2025, and the contracts with Fresenius Medical Care have terms of 10 to 15 years.

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Fresenius Medical Care Appoints Martin Fischer To Succeed Helen Giza As CFO

Fresenius Medical Care Appoints Martin Fischer To Succeed Helen Giza As CFO

Fresenius Medical Care AG & Co. KGaA (FMS), a German-American healthcare company, announced Monday it has appointed Martin Fischer as Chief Financial Officer as of October 1, 2023. He will succeed Helen Giza, who was appointed as Chief Executive Officer and Chair of the Management Board in December 2022 and continues to serve as acting Chief Financial Officer, until her successor will join.
RTTNews | 485 days ago
Indonesia Bourse Likely To Reclaim 7,400-Point Level

Indonesia Bourse Likely To Reclaim 7,400-Point Level

The Indonesia stock market headed south again on Wednesday, one day after ending the two-day slide in which it had slumped almost 100 points or 1.4 percent. The Jakarta Composite Index now rests just above the 7,380-point plateau although it's likely to see renewed support on Thursday.
RTTNews | 5h 4min ago
Australian Market Notably Lower

Australian Market Notably Lower

The Australian stock market is trading notably lower on Thursday after opening in the green, reversing the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,200 level, with weakness in gold miners and financial stocks.
RTTNews | 5h 9min ago
Higher Open Expected For Hong Kong Stock Market

Higher Open Expected For Hong Kong Stock Market

The Hong Kong stock market on Wednesday snapped the three-day winning streak in which it had surged almost 700 points or 3.4 percent. The Hang Seng Index now sits just above the 20,530-point plateau and it's got a positive lead again for Thursday's trade.
RTTNews | 5h 19min ago
Rebound Predicted For China Stock Market

Rebound Predicted For China Stock Market

The China stock market on Wednesday ended the two-day winning streak in which it had spiked more than 110 points or 3.3 percent. The Shanghai Composite now sits just beneath the 3,385-point plateau although it's expected to bounce higher again on Thursday.
RTTNews | 5h 34min ago
Australia Building Approvals Rise 4.4% In September

Australia Building Approvals Rise 4.4% In September

The total number of building approvals issued in September was up a seasonally adjusted 4.4 percent on month, the Australian Bureau of Statistics said on Friday - coming in at 14,842.
RTTNews | 5h 51min ago
Taiwan Bourse Has Solid Lead For Thursday's Trade

Taiwan Bourse Has Solid Lead For Thursday's Trade

The Taiwan stock market has moved higher in three straight sessions, gathering more than 435 points or 2 percent along the way. The Taiwan Stock Exchange now rests just above the 23,215-point plateau and it's expected open to the upside again on Thursday.
RTTNews | 6h 4min ago