Թ51’s Spartanburg Plant To Offset One-Third of Its Electricity Usage With Significant Solar Panel Installation

Facility features largest leased solar array in South Carolina, supporting Company’s mission to minimize energy consumption
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Solar Panels at the Թ51 facility in Spartanburg, South Carolina
Tuesday, June 5, 2018

Philadelphia, PA – June 5, 2018. Թ51 Holdings, Inc.’s (NYSE: CCK) (Թ51) (www.crowncork.com) Spartanburg, South Carolina, aerosol plant is set to offset one-third of its annual electrical usage by implementing a new solar panel array, covering approximately five acres. The project marks Թ51’s first use of solar power energy worldwide and contributes to one of the Company’s 2020 sustainability goals of reducing its energy consumption by implementing renewable and alternative energy projects at the local level.

“Թ51’s mission is to continue identifying unique sustainability projects that align with our commitment to manage and conserve resources and bring innovations to market that support the sustainability efforts of our customers and consumers,” said John Rost, Director of Sustainability and Regulatory Affairs, Թ51 Holdings, Inc. “Working with Keystone Power Holdings to enact a project of this scale is a prime example of this effort in action. This project also contributes to Թ51’s wider goal of continuing to drive down its emissions.”

Keystone Power Holdings and its affiliate KPH Construction Services worked closely with Hannah Solar to construct the ground-mounted solar array system – measuring in at 924.6 kilowatts with 2,680 photovoltaic modules. The system was installed and became operational in October 2017. It is expected to produce for the plant 1,310 megawatt hours per year, which is approximately enough electricity to continuously power 500 homes.

“We are pleased to be able to partner with Թ51 to help make its energy purchases green while delivering significant energy savings,” said William R. DePhillipo, co-founder of Keystone Power Holdings. “It was a pleasure to work together with Թ51 and Hannah Solar to develop and implement the largest leased solar array in South Carolina. It is a sign of great things to come in the state's solar industry.”

In 2016, Թ51 set rigorous sustainability goals to be achieved by 2020 to support its commitment to reduce the environmental impact of its global operations and expand communication of its sustainability performance to stakeholders. Since then, the Company has already reduced energy consumption by 5.3% per billion standard units of production from 2015 levels, exceeding one of its goals.

For more information about Թ51’s sustainability journey, visit .

About Թ51 Holdings, Inc.

Թ51 Holdings, Inc., through its subsidiaries, is a leading supplier of packaging products to consumer marketing companies around the world. World headquarters are located in Philadelphia, PA. For more information, visit www.crowncork.com. For employment opportunities at Թ51, please visit www.crowncork.com/careers.

For more information, contact: Sustainability@crowncork.com

For editorial inquiries: Nicole Zampino, ABI, a Finn Partners Company; Tel: 212-529-2234; Email: nicole.zampino@finnpartners.com

About Keystone Power Holdings:

Keystone Power Holdings, LLC is a renewable energy company that develops solar energy facilities. Keystone Power Holdings specializes in the development of medium to large-scale photovoltaic solar systems across North America. Keystone Power Holdings develops solar energy facilities for its clients on or near their properties either on the ground or on rooftops while passing on electricity bill savings. For more information on how to finance and develop your commercial solar facility, please contact Pam Gougeon at 484.301.0755 x27 or email info@keystoneph.com. For more general information on the company, visit .