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GlobalFoundries and Keppel Sign Multi-Year Power Purchase Agreement
January 10, 2024
SINGAPORE, Jan. 10 -- GlobalFoundries, a manufacturer of semiconductors, issued the following news release on Jan. 9, 2024:

GlobalFoundries (NASDAQ: GFS) (GF) and Keppel Ltd's Infrastructure Division (Keppel) today announced the signing of a multi-year power purchase agreement (PPA) for the provision of electricity at GF's Singapore site, expected to commence on 1 May 2024.

The multi-year agreement will see Keppel provide 150 to 180 MW of electricity each year . . .

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