Renewable Power Direct (RPD), a renewable energy marketer serving corporate and industrial buyers in the U.S., has structured a new wind power agreement for Iron Mountain Inc., a Boston-headquartered provider of storage and information management services.
Under the agreement, Iron Mountain will add a new 5 MW block of wind power to its Mid-Atlantic electricity supply from 2018 through 2020. This is equivalent to over 43,000 annual MWh – enough green energy to supply power to more than 4,000 homes for a year.
The energy will be sourced from EDP Renewables North America’s (EPDR) Meadow Lake III Wind Farm, located in Indiana. EDPR will also be supplying renewable energy certificates to support the transaction, verifying the delivery of that renewable energy back to the electricity grid.
The new supply deal arranged by RPD complements the mix of purchasing strategies, including traditional power purchase agreements and on-site projects, used by Iron Mountain to meet its corporate sustainability goals. RPD says its supply model allows Iron Mountain to replace a portion of its current electricity purchases with a new tranche of wholesale renewable energy while keeping its existing retail electricity agreement.
“With this transaction, Iron Mountain continues to demonstrate that we can expand our commitment to renewable energy by using new models that are both simple to implement and cost-effective,” says Chris Pennington, energy manager for Iron Mountain.