BIG NEW CORPORATE WIND BUY

Planned Texas wind farm to power Owens Corning, Equinix

Jordan Blum, November 16, 2015 (FuelFix)

“…Invenergy inked multi-year power purchase agreements with [Owens Corning insulation and fiberglass giant and Equinix Inc. data center company] to help finance the construction of the planned [300-megawatt] Wake Wind Energy Facility to be completed by the end of 2016…Owens Corning contracted for 125 megawatts of the wind farm…Equinix committed to buy 100 megawatts of electricity generated as both companies move toward their commitments to go green…There’s a push to complete wind farms by the end of 2016 in order to qualify for the federal production tax credit that expired and debates are ongoing whether Congress will extend it…Last month, Owens Corning announced more ambitious goals to reduce greenhouse gas and toxic air emissions as well as new renewable energy initiatives…Equinix plans to be 100 percent by renewable energy in North America by the end of 2016…” click here for more

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