6,000+-panel array will produce 2.6 million kilowatt hours of
electricity per year, helping Iron Mountain to offset 60 percent of
onsite energy usage
BOSTON--(BUSINESS WIRE)--
Iron
Mountain Incorporated® (NYSE:IRM), the global leader in storage and
information management services, today announced the activation of a
solar energy array at its Freehold, NJ facility that will generate 2.6
million kilowatt hours (kWh) of electricity per year. The array,
which sits adjacent to Iron Mountain’s largest records management
facility on the east coast, will allow the company to offset 60 percent
of the site’s energy consumption today, with that percentage expected to
increase as other energy efficiency projects come online for the 857,194
square foot campus.
The solar array, made up of 6,444 panels capable of producing a total of
1.997 megawatts (MW) of electricity, will supply Iron Mountain through a
20-year, fixed price power purchase agreement with site developer Tech
Advisory Group. Upon activation, it effectively doubles Iron Mountain’s
installed solar production from 2 MW to nearly 4 MW, and – together with
prior wind farm power purchases in Pennsylvania and Texas – will help
the company utilize renewable resources for two-thirds of total North
American electricity load by 2018.
“Energy usage across our real estate portfolio comprises half of our
global greenhouse gas emissions (GHG) footprint,” said Ty Ondatje,
senior vice president of Corporate Responsibility and chief diversity
officer, Iron Mountain. “As such, renewable and sustainable energy
strategies like solar represent a major opportunity for us to reduce our
impact on the environment while enabling us to innovate and operate our
business more efficiently. Additionally, power purchase agreements like
this and others we have throughout North America help us stabilize our
long term costs and enable us to use energy at lower than grid prices.
For these reasons, we are committed to renewable energy strategies to
benefit our business and position Iron Mountain and our customers to
meet the growing expectations for sustainable business practices.”
The array was installed by Pro-Tech Energy Solutions of Moorestown, NJ,
and sits on neighboring property belonging to The Clayton Companies, one
of the largest privately held mining companies in New Jersey.
For more information on Iron Mountain’s commitment to sustainability,
corporate responsibility and diversity and inclusion, read the company’s
2015 Corporate Responsibility Report here: http://www.ironmountain.com/About-Us/Corporate-Social-Responsibility/News-and-Noteworthy/Corporate-Social-Responsibility-Reports.aspx.
About Iron Mountain
Iron Mountain Incorporated® (NYSE: IRM) is the global leader in storage
and information management services. Trusted by more than 220,000
organizations around the world, Iron Mountain’s real estate network
comprises more than 85 million square feet across more than 1,400
facilities in 45 countries dedicated to protecting and preserving what
matters most for its customers. Iron Mountain’s solutions portfolio
includes records
management, data
management, document
management, data
centers, art
storage and logistics, and secure
shredding, helping organizations to lower storage costs, comply with
regulations, recover from disaster, and better use their information.
Founded in 1951, Iron Mountain stores and protects billions of
information assets, including critical business documents, electronic
information, medical data and cultural and historical artifacts. Visit www.ironmountain.com for
more information.
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Source: Iron Mountain