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Deriva Energy's 100 MW Wildflower Solar Facility Now Operational

1. Wildflower Solar begins operations in DeSoto County, Mississippi. 2. Project creates jobs and boosts local economy. 3. Toyota contracts for renewable energy, aiding sustainability goals. 4. Toyota aims for carbon neutrality by 2035. 5. Deriva Energy expands renewable footprint in the southeast.

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Why Bullish?

Toyota's commitment to renewable energy can enhance its public image. Positive public reception can help sales and ultimately stock prices.

How important is it?

The article highlights TM's renewable energy efforts, aligning with investor interests. Such sustainability initiatives likely influence brand loyalty and sales.

Why Long Term?

As sustainability initiatives grow, investor confidence may increase over time. Historical trends show that companies committed to sustainability often see a positive stock trajectory.

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, /PRNewswire/ -- Wildflower Solar is online and generating clean power in DeSoto County, Mississippi. This significant milestone marks the first investment of Deriva Energy in Mississippi."Deriva Energy is pleased to launch Wildflower Solar into full commercial operation," said John Clapp, CEO of Deriva Energy. "We are excited to expand our renewable energy footprint into the southeast and support the state's industrial complex and job-base with sustainable, zero-emission energy." Wildflower Solar is online and generating clean power in DeSoto County, Mississippi. In addition to its environmental benefits, Wildflower Solar provides significant economic advantages to DeSoto County. The project employed close to 300 construction workers during installation and will continue to offer long-term employment opportunities while contributing to the local tax base and selling renewable power to Toyota Motor North America. Contracting for renewable energy from the Wildflower project stands at the forefront of Toyota's corporate sustainability initiatives. "With Wildflower Solar operational, we are thrilled to continue advancing to Toyota's goal of achieving carbon neutrality in our operations by 2035," said Becky Martin, sustainability manager at Toyota Motor North America. "Mississippi is an important state for us, where we manufacture the Corolla. We're glad to be putting more renewables on the power grid, a key step in reducing our overall carbon footprint, as well."About Deriva EnergyDeriva Energy is an established industry leader in clean energy, with over 6,000 megawatts of operating assets and over 12,500 MW of assets in development across the U.S. Headquartered in Charlotte, North Carolina, Deriva is a portfolio company of Brookfield, the world's largest owner and operator of renewable power and climate transition assets. For more inforaiton about Deriva, visit derivaenergy.com.About ToyotaToyota (NYSE:TM) has been a part of the cultural fabric in North America for nearly 70 years, and is committed to advancing sustainable, next-generation mobility through our Toyota and Lexus brands, plus our more than 1,800 dealerships.Toyota directly employs nearly 64,000 people in North America who have contributed to the design, engineering, and assembly of nearly 49 million cars and trucks at our 14 manufacturing plants. In spring 2025, Toyota's plant in North Carolina will begin to manufacture automotive batteries for electrified vehicles. With more electrified vehicles on the road than any other automaker, Toyota currently offers 31 electrified options. For more information about Toyota, visit pressroom.toyota.com.Contact:[email protected]SOURCE Deriva Energy WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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