WHIPPANY, N.J., June 25,
2024 /PRNewswire/ -- Suburban Renewable Energy
(Suburban Renewables), a subsidiary of Suburban Propane Partners,
L.P. (NYSE: SPH), a nationwide distributor of propane,
renewable propane, renewable natural gas, fuel oil and related
products and services, as well as a marketer of natural gas and
electricity and investor in low carbon fuel alternatives, has been
named a finalist in the Reuters Global Energy Transition Awards
2024, which recognizes excellence, achievement, and innovation
in the transition to zero-carbon energy.
The awards are part of the Reuters Global Energy Transition
Conference taking place in New
York from June 25th
– 27th. Suburban Renewables is a finalist in the
Portfolio Transformation category, which recognizes
significant portfolio evolution and a clear shift toward clean
energy and sustainable product lines.
"Suburban Renewables is honored to be named a finalist in the
important Portfolio Transformation category in the Reuters Global
Energy Transition Awards. Suburban Propane's transformative
journey, marked by the formation of Suburban Renewables and
portfolio diversification into renewable propane, rDME, hydrogen,
and RNG, showcases our ongoing commitment to the future of the
renewable energy landscape," said Nandini
Sankara, Spokesperson, Suburban Renewables and Suburban
Propane.
In 2022, the company established Suburban Renewables, which
builds off Suburban Propane's legacy as a trusted and reliable
provider of energy and exceptional customer service. This renewable
energy platform serves as the cornerstone of the Company's
portfolio diversification strategy housing Suburban Propane's RNG,
rDME, renewable propane, and hydrogen operations and investments,
laying the framework for continued transformation. The portfolio
diversification helps diminish dependence on conventional energy
sources in favor of lower-carbon alternatives like renewable
propane, rDME, RNG, hydrogen, and even traditional propane, which
is less carbon-intensive than other traditional fuels.
Suburban Propane's multifaceted approach to energy transition,
coupled with innovative technologies, addresses environmental
challenges, and positions the Company as a leader in the transition
towards a more sustainable and resilient energy future.
To view the full list of Awards categories and list of finalists
for the Reuters Global Energy Transition Awards 2024, visit:
https://events.reutersevents.com/energy-transition/global-energy-transition-awards/finalists/.
About Suburban Renewables:
Formed in 2022, Suburban
Renewables is an interconnected, renewable energy platform that
builds off the well-established legacy of Suburban Propane, and
houses the Company's family of renewable energy assets and
technologies.
Suburban Renewables also drives long-term strategic growth and
diversification efforts to identify new areas of investment,
strategic partnerships, and collaborations within the renewable
energy space, and paves the way to a low carbon
future. Suburban Propane leads the industry toward a
transition to a renewable energy future through unique, innovative,
and profitable business ventures.
About Suburban Propane:
Suburban Propane Partners,
L.P. ("Suburban Propane") is a publicly traded master limited
partnership listed on the New York Stock Exchange. Headquartered
in Whippany, New Jersey,
Suburban Propane has been in the customer service business since
1928 and is a nationwide distributor of propane, renewable propane,
renewable natural gas ("RNG"), fuel oil, and related products and
services, as well as a marketer of natural gas and electricity and
producer of and investor in low carbon fuel alternatives, servicing
the energy needs of approximately 1 million residential,
commercial, governmental, industrial and
agricultural customers through approximately 700 locations
across 42 states.
Suburban Propane is supported by three core pillars: (1)
Suburban Commitment – showcasing Suburban Propane's 95-year legacy,
an ongoing commitment to the highest standards for dependability,
flexibility, and reliability that underscores Suburban Propane's
commitment to excellence in customer service; (2) SuburbanCares –
highlighting continued dedication to giving back to local
communities across Suburban Propane's national footprint; and
(3) Go Green with Suburban Propane – promoting the clean
burning and versatile nature of propane and renewable propane as a
bridge to a green energy future and investing in the next
generation of innovative, renewable energy alternatives.
For additional information on Suburban Propane, please
visit suburbanpropane.com.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/suburban-renewable-energy-named-finalist-in-reuters-global-energy-transition-awards-2024-302181862.html
SOURCE Suburban Propane Partners, L.P.