Starbucks partners with renewable energy company to power 360 Texas locations
Starbucks Corp. (SBUX) has partnered with Cypress Creek Renewables and U.S. Bank on solar farms in Texas, with two of them powering 360 Starbucks locations across the state. The two solar farms, which are operated by Cypress Creek, are located in Wharton and Blossom, Tex. Starbucks is separately investing in six Cypress Creek-owned solar farms in the state. Starbucks has previously worked with U.S. Bank on a solar farm in Maxton, N.C. that powers 600 stores. Starbucks stock has gained 18.3% in 2019 so far while the S&P 500 index is up 15.7% for the period.
-Tonya Garcia; 415-439-6400; AskNewswires@dowjones.com
(END) Dow Jones Newswires
April 15, 2019 11:39 ET (15:39 GMT)
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