AGCO Corporation Signs 10-Year Virtual Power Purchase Agreement with BRUC to Support Renewable Energy in Europe

Reuters
09/08
AGCO Corporation Signs 10-Year Virtual Power Purchase Agreement with BRUC to Support Renewable Energy in Europe

AGCO Corporation, a global leader in the development, manufacturing, and distribution of agricultural machinery and precision agriculture technology, has announced the signing of a 10-year virtual power purchase agreement (VPPA) with BRUC, a major renewable energy company based in Spain. This agreement is part of AGCO's renewable energy strategy aimed at reducing Scope-2 greenhouse gas emissions associated with indirect electricity consumption. The VPPA allows AGCO to support the development of renewable energy projects such as wind and solar power plants, contributing to the company's sustainability goals and promoting renewable energy infrastructure. This strategic move aligns with AGCO's commitment to responsible energy procurement and sustainable outcomes for farmers and the environment.

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. AGCO Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: GE63778) on September 08, 2025, and is solely responsible for the information contained therein.

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