REDWOOD CITY, Calif.,
Sept. 24, 2020 /PRNewswire/
-- Equinix, Inc. (Nasdaq: EQIX), the world's digital
infrastructure company, today announced that it has
received a 2020 Green Power Leadership Award from the U.S.
Environmental Protection Agency (EPA). For 20 years, EPA's annual
Green Power Leadership Awards have recognized America's leading
green power users for their commitment and contribution to helping
advance the development of the nation's voluntary green power
market. EPA presented Equinix with a Green Power Partner of the
Year award at the 2020 Renewable Energy Markets Conference, which
took place virtually on September 22,
2020.
Equinix, Inc. was the only organization to be chosen as a Green
Power Partner of the Year. Under this awards program, EPA
recognizes Green Power Partners who distinguish themselves through
their leadership, overall strategy and impact on the U.S. green
power market. Previous winners include Google, Microsoft and Cisco.
Equinix is committed to reaching a long-term goal of 100 percent
clean and renewable energy across its global portfolio. As of the
end of 2019, the company used more than 2.3 billion kilowatt-hours
(kWh) of green power annually in the
United States, which is enough green power to meet more than
100 percent of the organization's overall electricity use in the
nation. By choosing green power, Equinix is accelerating the
transition to a cleaner, healthier and more sustainable energy
future.
Highlights/Key Facts
- Equinix is committed to a path of long-term sustainable growth
as part of the company's efforts to reach 100 percent clean and
renewable energy across the portfolio. Equinix is committed to
utilizing renewables and low-carbon energy, making use of local
sources of renewables where possible, seeking new or recently built
energy sources, advocating for favorable renewable energy policies
and considering renewable energy availability when locating new
data centers.
- Renewable energy or green power is electricity generated from
environmentally preferable renewable resources, such as wind,
solar, geothermal, biogas, eligible biomass and low-impact small
hydro. Using green power helps accelerate the development of those
resources in the United States and
advance the American green power market.
- As of 2019, 92 percent of Equinix worldwide electricity
consumption, and 100 percent of the company's U.S. electricity
consumption, is covered by clean and renewable energy sources. In
the United States, Equinix
currently accesses more than 2.3 billion kilowatt-hours (kWh) of
green power annually from a portfolio of various renewable energy
projects, equivalent to the annual electricity use of roughly
275,000 average American homes according to EPA's equivalency
calculator.
- In addition, Equinix ranks as No. 5 on EPA's National Top 100
list, and No. 4 on the Top 30 Tech & Telecom list. Each list
highlights EPA Green Power Partners using the most renewable
electricity annually as of July 2020. EPA updates its Top
Partner Rankings quarterly at
www.epa.gov/greenpower/green-power-partnership-top-partner-rankings.
- Equinix's environmental efforts aim to deliver meaningful and
measurable progress against sustainability goals that positively
impact its customers, partners, investors and employees. Equinix's
environmental commitments include:
-
- Renewable Energy – Reaching its long-term goal of
100 percent clean and renewable energy across its global portfolio.
In 2019, Equinix achieved 92 percent of this goal and has 225 MW of
wind power under long-term contracts, as well as numerous supply
contracts for renewable power around the world. Every megawatt-hour
(MWh) of renewable energy procured reduces the carbon footprint of
both Equinix and its customers greening their digital supply
chains.
- Energy Efficiency – Deploying best-in-class data
center energy efficiency technologies and innovations for the
reduction of energy consumption globally. Among other initiatives,
Equinix's Center of Excellence for Energy Efficiency is driving a
global approach to cooling its existing data centers more
efficiently. The program engages customers to manage their
implementations more sustainably at Equinix data center facilities,
leading to overall improved efficiencies.
- Sustainable Buildings – Building and maintaining
healthy and sustainable office and data center settings to promote
responsible consumption across its portfolio. In addition to
targeting LEED or other local equivalent green building standards
on all new construction, Equinix is actively researching ways
to minimize the use of all resources and operate more sustainably
with lower operational and carbon footprints, including
investigating opportunities for the reduction of
embodied carbon in its building materials.
Quotes
- Raouf Abdel, EVP Global
Operations:
"Equinix is proud to accept this recognition as
the EPA Green Power Partner of the Year. As the world's
digital infrastructure provider, we are committed to protecting,
connecting and powering a more sustainable digital future and are
well positioned to drive cutting-edge, sustainable innovations into
the marketplace and leverage our resources to deploy the best
solutions for our customers, stakeholders and planet."
Additional Resources
- Equinix Sustainability Website
- Equinix Sustainability Report
About EPA's Green Power Partnership
The Green Power
Partnership is a voluntary program that helps increase green power
use among U.S. organizations to advance the American market for
green power and development of those sources as a way to reduce air
pollution and other environmental impacts associated with
electricity use. The Partnership currently has more than 1,400
Partners voluntarily using more than 61 billion
kilowatt-hours of green power annually. Partners include a
wide variety of leading organizations such as Fortune
500® companies; small and medium sized businesses;
local, state, and federal governments; and colleges and
universities. For additional information, please visit
http://www.epa.gov/greenpower.
About the Green Power Leadership Awards
The U.S.
Environmental Protection Agency (EPA) co-sponsors the annual Green
Power Leadership Awards with the Center for Resource Solutions. Now
celebrating their twentieth year, the Green Power Leadership Awards
allow EPA to recognize winners in the following award categories:
Green Power Partner of the Year; Sustained Excellence in Green
Power; Direct Project Engagement; Excellence in Green Power Use;
and Green Power Community of the Year. This program recognizes the
exceptional achievement among EPA Green Power Partners who
distinguish themselves through green power procurement, market
leadership, overall green power strategy, and overall impact on the
green power market. The ceremony takes place at the Renewable
Energy Markets Conference. This year's 12 recipients are using
approximately 11.7 billion kWh of green power—enough to power
nearly 1.1 million average American homes for a year. For
additional information please visit
www.epa.gov/greenpower/green-power-leadership-awards.
About Equinix
Equinix (Nasdaq: EQIX) is the
world's digital infrastructure company, enabling digital leaders to
harness a trusted platform to bring together and interconnect the
foundational infrastructure that powers their success. Equinix
enables today's businesses to access all the right places, partners
and possibilities they need to accelerate advantage. With Equinix,
they can scale with agility, speed the launch of digital services,
deliver world-class experiences and multiply their value.
Forward-Looking Statements
This press release
contains forward-looking statements that are based on Equinix's
current expectations, including statements regarding the offering
of the bonds, its sustainability objectives, the receipt and use of
the net proceeds from the offering of the bonds and the
consummation of any redemptions of outstanding notes. Such
forward-looking statements are subject to certain risks,
uncertainties and assumptions, including market conditions,
customary closing conditions and other factors. In particular,
there can be no assurance that Equinix will complete the offering
of the bonds. Should one or more of these risks or uncertainties
materialize, or should underlying assumptions prove incorrect,
actual results may vary materially from those expected. More
information about potential risk factors that could affect Equinix
and its results is included in Equinix's filings with the
SEC. Equinix does not assume any obligation to update
the forward-looking information contained in this press
release.
View original content to download
multimedia:http://www.prnewswire.com/news-releases/equinix-receives-the-epa-green-power-partner-of-the-year-award-301137295.html
SOURCE Equinix, Inc.