ENGIE and O-I Drive Inexperienced Electrical energy Transformation in Europe

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Northampton, MA –Information Direct– O-I Glass, Inc.

February 28, 2022 /3BL Media/ – O-I Glass, Inc. (“O-I”) (NYSE: OI) and ENGIE’s enterprise entity “International Power Administration & Gross sales” reached a long-term settlement for ENGIE to initially present an combination 4.3 TWh of renewable electrical energy to O-I websites in Europe. Over a ten-year interval, ENGIE will provide O-I services in Europe with electrical energy generated from photo voltaic, wind and hydro sources.

This transaction is the newest deal of the rising enterprise relationship between the 2 firms. ENGIE already provides O-I with pure fuel and electrical energy in a number of European international locations, in addition to vitality effectivity companies for O-I factories in France. In Mexico and Peru, O-I additionally sources electrical energy from ENGIE, whereas 25% of O-I’s electrical energy consumption within the US is provided by ENGIE with renewable electrical energy.

“Due to a variety of options for vitality danger administration, ENGIE is connecting the dots between the difficult sustainability objectives of energy-intensive world firms like O-I on the one hand, and progressive low-carbon options alternatively. Our giant and numerous portfolio of carbon-neutral merchandise was instrumental to design a tailormade resolution for O-I.” says Olivier BLOEYAERT, Government Committee member of ENGIE’s enterprise entity “International Power Administration & Gross sales”; including: “We’re proud to assist our enterprise associate O-I of their efforts for a sustainable future.”

“At O-I, our imaginative and prescient is to be probably the most progressive, sustainable, and chosen provider of brand-building packaging options. Whereas we imagine glass packaging is already probably the most sustainable packaging resolution, sustainability at O-I is about greater than what we make”, mentioned Randy Burns, Chief Sustainability Officer at O-I. “This long-term settlement is a vital constructing block in direction of our pledge to scale back O-I’s world greenhouse fuel emissions by 25% by 2030. As a part of our roadmap, we’re striving to extend our world renewable electrical energy consumption to between 30% and 35% this 12 months. At O-I, the journey to sustainability is grounded in resilience, innovation, and the ever-present problem to rework what we do.”

About O-I At O-I Glass, Inc. (NYSE: OI), we love glass and we’re proud to be one of many main producers of glass bottles and jars across the globe. Glass is just not solely lovely, it’s additionally pure, wholesome and utterly recyclable; making it probably the most sustainable inflexible packaging materials. Headquartered in Perrysburg, Ohio (USA), O-I is the popular associate for lots of the world’s main meals and beverage manufacturers. We innovate consistent with prospects’ must create iconic packaging that builds manufacturers around the globe. Led by our numerous workforce of roughly 24,000 folks throughout 70 crops in 19 international locations, O-I achieved revenues of $6.4 billion in 2021. Recognizing the great advantages of glass, the United Nations has designated 2022 because the Worldwide Yr of Glass to have a good time the previous, current, and way forward for this transformative materials. Study extra about us:o-i.com / Fb / Twitter / Instagram / LinkedIn

O-I Press contact:Stefan WeinmannDirector, International Company Communicationsstefan.weinmann@o-i.comTel. workplace +41 21 703 41 44Tel. cell +41 78 655 00 10

About ENGIE’s Enterprise Entity “International Power Administration & Gross sales”ENGIE is a world reference in low-carbon vitality and companies. As one of many Group’s enterprise entity, “International Power Administration & Gross sales” supplies vitality provide options and danger administration companies to assist its shoppers by their decarbonization journey, whereas optimizing ENGIE’s belongings and contributing to worth creation. Counting on 3,300 worldwide-based staff by 20+ enterprise platforms, “International Power Administration & Gross sales” covers the total vitality combine – renewable and thermal energy, pure fuel & LNG, biomass, environmental merchandise – and presents to its 120 000 shoppers of which 800 giant accounts tailored companies and reply to speedy modifications in mature or rising markets.

ENGIE’s Enterprise Entity “International Power Administration & Gross sales” Press contact:Tiffany NGOCommunication officertiffany.ngo@engie.com

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