Greif announces start of its first virtual power purchase agreement (vppa) in europe

Delaware, ohio, july 16, 2025 (globe newswire) -- greif, inc. (nyse: gef, gef.b), a global leader in industrial packaging products and services, is pleased to announce its virtual power purchase agreement (vppa) through enel x global retail team of experts and with enel green power espaÑa (egpe), started on july 1, 2025 following the successful construction and activation of the associated solar farms in castilla y lÉon, spain. under the 12-year agreement, greif will purchase approximately 100 gwh per year of clean, renewable energy, helping the company offset an estimated 65% of its scope 2 emissions in europe and 3% of its combined scope 1 and 2 emissions globally.
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