Infineon Moves Austin Production Site to Renewable Power

Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY), today announced that it has switched the operation of its Austin, Texas semiconductor factory, also known as “Fab25,” to 100 percent renewable power. This represents a major milestone in the company’s goal to use green power for all of its U.S. sites by the end of the 2022 calendar year. Infineon will use certified renewable power from Austin Energy that is sourced from local wind farms in Texas. Infineon was one of the first semiconductor companies to set a carbon neutrality goal for its global operations at the beginning of 2020. In 2021, the company turned its entire electricity consumption to green energy in Europe. “We are very pleased to announce the next step of converting our largest North American fab to green energy as part of our global effort to achieve carbon-neutrality by 2030,” said Steve James, Vice President of Fab Operations, Infineon Americas. “By the end of this year, the entire power consumption of our U.S. production will originate from renewable energy. Infineon is strongly committed to climate protection by reducing its own footprint, and driving energy efficient technologies. As the market leader for power semiconductors, Infineon makes a significant contribution to energy efficiency across the entire energy chain.”