Beginning in January, Sundance Square will offset 10 percent of its yearly energy needs for the next five years. Sundance Square says the purchase makes it the largest green power purchaser in Texas among EPA’s real estate partners and the second largest nationally in the real estate industry. Located in downtown Fort Worth, the mixed-use development is purchasing the green power from Texas-based Green Mountain Energy Company.
In 2008, Sundance Square will purchase an estimated 6.3 million kilowatt-hours of green power from Green Mountain for its commercial, residential, entertainment, and retail development that encompasses 35 city blocks.
An estimated 8.5 million pounds of carbon dioxide will be offset, equivalent of taking more than 760 cars off the road for one year, or the amount of CO2 absorbed by over 516,000 trees in one year.
Sundance Square and Green Mountain will jointly develop marketing and sales initiatives to promote renewable energy among current tenants, visitors, and local Fort Worth residents.