Renewable Power Direct (RPD) has signed Iron Mountain Incorporated to a new power supply agreement to fulfill a portion of the electrical load for Iron Mountain’s Texas operations.
The power will be sourced from NextEra Energy and its Blue Summit wind farm outside of Vernon, Texas.
RPD developed a unique product structure for Iron Mountain that combines the benefits of green power with a structured indexed pricing product to reduce their exposure to market volatility.
Additionally, this product structure provides a rigorous chain of custody and ease of contracting in verifying the purchase and use of this energy source, enabling Iron Mountain to clearly and accurately report its usage of renewable energy.
This represents the second green energy supply agreement arranged by RPD for Iron Mountain, following a separate agreement arranged by RPD for its New Jersey and Pennsylvania operations earlier this year.
Photo: courtesy of Iron Mountain.