AEP Energy yesterday announced it signed an agreement with Abercrombie & Fitch Co. to provide clean energy through an Integrated Renewable Energy (IRE) solution. Therefore, AEP Energy will supply the retailer’s corporate headquarters and two of its distribution centers with clean energy.
Possibly of your interest: Motiva Enterprises restarts Port Arthur refinery, the biggest in the country
AEP Energy and Abercrombie & Fitch Co.: new agreement for clean energy supply
This Thursday, AEP Energy, a subsidiary of American Electric Power (AEP), announced it signed an agreement with Abercrombie & Fitch Co. Accordingly, AEP Energy will provide the retailer’s corporate headquarters and two of its distribution centers in New Albany, Ohio, with clean energy through an IRE.
In fact, the IRE includes a long-term, fixed-price retail energy option that supports new locally-sourced wind and solar. Besides, AEP’s subsidiary will provide services to Abercrombie over 13 years, beginning in 2023.
“We’re proud to partner with Abercrombie & Fitch Co. as they work to reduce their carbon footprint. Therefore, an integrated renewable energy solution will help them achieve their sustainability goals with energy from regional assets. Thus, AEP Energy is honored to support A&F Co.’s ongoing efforts as part of the retailer’s commitment to invest in renewable energy and reduce emissions;” said AEP Energy’s President Greg Hall.
“The shift to renewable electricity in our New Albany corporate operations will contribute to our recently stated goal of reducing Total Scope 1 and 2 greenhouse gas (GHG) emissions by 2030;” said Kim Harr, Abercrombie & Fitch Co.’s senior director of Sustainability.
Moreover, “this also supports our continued commitment to the environmental principles of the UN Global Compact. Hence, our mission goals align with limiting the global temperature rise to 1.5°C and support the UN Sustainable Development Goals #7; Affordable and Clean Energy, and # 13 Climate Action. Finally, we thank Worthington Energy Consultants and AEP Energy for their collaboration on this innovative energy solution.”
About the companies
AEP Energy is a subsidiary of American Electric Power and a certified competitive retail electricity and natural gas supply provider. The company operates in 28 service territories in six states and Washington, D.C.
Moreover, the provider supplies electricity and natural gas solutions for more than 500,000 residential and business customers. Besides, the company takes pride in making it easy for customers to buy, manage and use energy.
Furthermore, it is based in Columbus, Ohio, and Chicago. Also, it is committed to excellence by delivering value, innovative energy solutions; and excellent customer service.
On the other hand, Abercrombie & Fitch Co. is a global specialty retailer of apparel and accessories for Men, Women, and Kids. Simultaneously, it works through three renowned brands.
Additionally, for more than 125 years, the iconic Abercrombie & Fitch reflected the modern consumer’s updated attitude while remaining true to its heritage of creating expertly crafted products with an effortless, American style.