Iron Mountain has signed a 15-year wind power purchase agreement and bought into a wind turbine farm that is being constructed in Ringer Hill, PA.
The deal is for 30 percent of the storage and information management firm’s North American footprint. The press release says that Iron Mountain is purchasing two-thirds of the facility. That is expected to provide the company with long-term rate stability and annual utility savings of $50,000. The deal will generate as much as 20 percent of the energy used in Iron Mountain’s new datacenter business and, more broadly, for its mid-Atlantic operations. That region current uses 80,000 MW of electricity annually, according to the company.
Last month, Invenergy said that it has signed a power purchase agreement (PPA) to provide 120 MW of wind power to 3M.
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