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Linde (NYSE:LIN) said Monday it signed two major new agreements in Brazil for the supply of renewable energy, raising its global active renewable energy by more than 60%.
Linde’s (LIN) White Martins subsidiary entered agreements to secure more than 2M MW/year of renewable energy, replacing nearly half of its existing power usage in Brazil.
In addition to reducing emissions in Brazil, Linde (LIN) said the renewable energy will help White Martins customers decarbonize their processes by using industrial gases with a lower carbon footprint.
Linde (LIN) said it is on track to meet its commitment to double the purchase of low carbon energy by 2028.
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