Nexans is on track to transition to 100% electricity coming from renewable sources

To achieve its decarbonization objectives, Nexans has initiated an ambitious approach to execute a Pan-European Virtual PPA* (Power Purchase Agreement) to cover most of its electricity consumption for all its premises in Europe. By executing a Pan-European VPPA, Nexans will be directly involved in financing and realization of new renewable energy assets in the region.

Nexans has appointed World Kinect Energy Services, a subsidiary of World Fuel Services (NYSE, Fortune 125) as an exclusive advisor to support an end-to-end execution process.

World Kinect Energy Services is a global energy management company with 35 years of experience that provides supply fulfillment, portfolio management, energy procurement advisory services, and decarbonization solutions to more than 150,000 commercial and industrial customers, including international brands and local businesses in more than 200 countries and territories worldwide.

JPMorgan European Discovery Trust plc (LON:JEDT) is an investment trust company. The Investment Trust JEDT objective is to achieve capital growth from a portfolio of quoted smaller companies in Europe, excluding the United Kingdom. 

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