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2020-08-03 12:00:00

CHEVRON, ALGONQUIN RENEWABLE ENERGY

CHEVRON, ALGONQUIN RENEWABLE ENERGY

ALGONQUINJuly 30, 2020 - Chevron U.S.A Inc. (CUSA), a wholly owned subsidiary of Chevron Corporation (NYSE: CVX), and Algonquin Power & Utilities Corp. ("Algonquin") (TSX: AQN) (NYSE: AQN) today announced an agreement seeking to co-develop renewable power projects that will provide electricity to strategic assets across Chevron's global portfolio. Under the four-year agreement, Chevron plans to generate more than 500 megawatts (MW) of its existing and future electricity demand from renewable sources.

"Chevron intends to lead in the future of energy by developing affordable, reliable…

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