Sprouts Farmers Market signed a tax credit transfer investment deal with Schneider Electric, U.S. Bank and Longroad Energy to support the Sun Pond Solar + battery storage project in Maricopa County, Arizona. The project includes 111 MWdc of solar capacity and 340 MWh of storage, and is expected to power about 19,000 homes annually. Sprouts said the project is expected to avoid 145,000 metric tons of CO2 emissions each year. Sun Pond is expected to contribute more than USD 30 million to Arizona schools and communities over its lifetime through leases and tax remittances. Construction is complete and commercial operations have started.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sprouts Farmers Markets Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260310521373) on March 10, 2026, and is solely responsible for the information contained therein.