We Just Made the Largest Corporate Renewables Energy Purchase in the History of New York
December 03, 2015
Image by © HotShotsWorldwide/Corbis
Today EDP Renewables announced our 20-year power purchase agreement for 20MW of clean energy. This purchase will offset about half the energy use of all of our New York Offices.
Our agreement includes the purchase of 25% of the energy generated by the Arkwright Summit Wind Project (total 79MW) in Chautauqua County, NY. The project is expected to avoid the emissions of more than 340,500 Metric Tonnes over 20 years, the equivalent of taking more than 71,000 cars off the road.
Our founder Mike Bloomberg had this to say: “This agreement will benefit our company financially, but it also reflects our commitment to sustainable business practices. This new wind farm – just a short drive from a coal plant that Bloomberg Philanthropies helped phase out – will bring more clean energy onto the grid and power about half of our New York operations, helping to make our company one of the greenest in the state.”
To read their press release, please visit their website here.