News
RADIANCE ENERGY IS THRILLED TO ANNOUNCE THE DISTRIBUTION OF ITS FIRST CLIMATE DIVIDENDS TO EURAZEO!
September 30th, 2024
We’re excited to have joined the Climate Dividends initiative, taking a significant step in measuring our contribution to the energy transition. Based on our 2023 solar production, we’re distributing 75 Climate Dividends to our shareholder EURAZEO, with each dividend representing 1 tonne of CO2 emissions avoided. This marks a key milestone in our ongoing climate action, as we develop a robust method to quantify the positive impact of low carbon energy generation. And this is just the beginning – many new solar projects are to be commissioned in the coming years!
What are Climate Dividends?
Climate Dividends reflect the positive climate impact of our solar energy production, measured in CO2 emissions avoided.
Like financial dividends, Climate Dividends represent value creation – but for the climate! They provide tangible proof that EURAZEO’s investment is making a real difference toward global carbon neutrality.
This first distribution showcases our commitment to measurable climate impact. At RADIANCE Energy, we closely track renewable electricity production and the performance of our solar assets to ensure we’re making meaningful contributions.
While these dividends aren’t monetized or tradeable, they’re a powerful symbol of our dedication to a more sustainable future.