American movie theater chain Cinemark USA Inc., a subsidiary of Cinemark Holdings Inc., has signed up to purchase power from the Trent Mesa wind farm in Nolan County, Texas.
Cinemark USA has entered into a nine-year virtual power purchase agreement (VPPA) with AEP Energy Partners, a subsidiary of American Electric Power (AEP). Cinemark’s VPPA will support up to 40 MW of renewable energy from the Texas project; this is equivalent to the power consumption of approximately 120 Cinemark theaters, or nearly 14,000 homes.
Cinemark will receive renewable energy certificates for the 40 MW of wind power capacity. In addition to this new agreement, Cinemark continues to deploy energy efficiency projects, including HVAC retrofits, rooftop solar panel installations, and interior and exterior LED retrofits.
“We remain committed to reducing our carbon footprint through both on-site and off-site renewable energy projects,” states Mark Zoradi, Cinemark’s CEO. “This new virtual power purchase agreement between Cinemark and AEP is the next step in our ongoing efforts.”
“We are pleased to partner with Cinemark to support clean, renewable energy resources,” adds Greg Hall, president of AEP Energy Partners. “AEP Energy Partners is committed to providing innovative competitive energy solutions for our customers, and this agreement will help Cinemark achieve its corporate sustainability goals.”