BBVA Compass, a commercial banking company that operates 688 branches in several states, and Choice! Energy Services, a Houston-based retail energy consultant and broker, have signed a 10-year fixed contract to bring renewable power to a large number of the bank's branches and facilities in Texas.
Under the deal, Choice says it will provide 41 million kWh of solar- and wind-generated electricity annually to more than 300 of the bank's branches, offices and ATMs. The agreement runs through May 22, 2023.
‘At BBVA Compass, we are always looking for ways to reduce the bank's impact on the environment,’ says Troy Lindsey, head of real estate for the bank. ‘This contract ensures that our growing Texas operations will be powered by reliable green energy sources and significantly reduces our carbon footprint.’