Visa Selects Retail Supplier For Data Center
March 4, 2021 Email This Story Copyright 2010-21 EnergyChoiceMatters.com
Reporting by Paul Ring • firstname.lastname@example.org
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Visa announced that it has entered a multi-year energy agreement with MP2 Energy LLC, a wholly owned subsidiary of Shell Energy North America (US), L.P., to power Visa’s data center in the commonwealth of Virginia with 100 percent renewable energy during five years of the agreement.
Visa’s largest data center is located in Virginia and accounts for over one third of the company’s global electricity usage.
"The agreement with MP2 Energy supports renewable electricity generation coming online to the grid from new solar projects, from which MP2 Energy will procure renewable electricity, which Visa expects to begin using in February 2023. The electricity generated by the projects and Visa’s purchase of associated project RECs will replace a portion of Visa’s purchases of RECs, which the company made to help reach its commitment to transition to 100 percent renewable electricity by 2020. Visa’s agreement supports the expansion of new solar generation within the commonwealth’s grid. Specifically, the RECs associated with the renewable power for this agreement will come from NextEnergy Capital Virginia’s Briel Farm and Gardy’s Mill solar assets and Caden Energix’s solar assets Hickory, Rives Road and Pamplin," Visa said