Home Depot – CyrusOne inks off-take deal for 67 MW of Texas solar from Enel
January 27 (Renewables Now) – US data centre real estate investment trust CyrusOne Inc (NASDAQ:CONE) will buy the electricity coming from a 67-MW portion of Enel Green Power’s 225-MW/284-MWp Azure Sky solar complex in Texas.
Under the off-take deal, CyrusOne will also receive the equivalent renewable energy credits, it said on Tuesday. The contract will help it provide 100% renewable power supplies for its data centre in Allen, Texas, and will also cover around 70% of the power requirements of its Carrollton, Texas, facility. Additionally, CyrusOne will retire project-specific renewable attributes from Azure Sky equal to 100% of the power consumption at its Dallas headquarters.
The agreement supports CyrusOne’s ambitions to operate carbon-free by 2040. The company already uses 100% renewables electricity at its Chandler facility in Arizona and its data centres in London and Amsterdam.
The latest deal was structured in partnership with Energy Edge and J Aron and Company LLC, a subsidiary of Goldman Sachs.
The Azure Sky park will be coupled with 81 MW of battery storage capacity. Currently under construction in Texas’ Haskell County, it is due to become operational by end-2021. Hope improvement retailer Home Depot has signed an off-take deal to buy power from 75 MW of the capacity.
