Why Enterprise Products Partners Jumped 5.1% on Monday

Travis Hoium, The Motley Fool
·1 min read
Why Enterprise Products Partners Jumped 5.1% on Monday

Shares of Enterprise Products Partners (NYSE: EPD) rose as much as 5.1% in trading on Monday after announcing a big solar farm acquisition. Enterprise Products Partners is buying power from 100 megawatts (MW) of a solar project from developer EDF Renewables. The agreement is part of management's plan to generate 25% of its power from renewable energy sources by 2025.