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Iron Mountain Wind Power Purchase in Texas to Deliver as Much as 30 Percent of Company’s Total North American Power Usage
New agreement, along with other projects & investments, expected to help Iron Mountain utilize renewable sources for two-thirds of total North American electricity load by 2018
October 10, 2016 04:45 PM Eastern Daylight Time
BOSTON--(BUSINESS WIRE)--Iron Mountain Incorporated® (NYSE:IRM), the global leader in storage and information management services, today announced the signing of a wind power purchase agreement that will leverage renewable energy sources to power as much as 30 percent of its North American electricity footprint. That capacity will be sufficient to power all of its Texas operations (more than 75 facilities) as well as additional states, providing long-term rate stability and with as much as $1.5 million annually in related cost avoidance.