Ever.green Brings Together Eight Diverse Brands to Support Clearway’s Plans to Extend the Life of a 55 MW Wind Farm, Proving All Companies Can Make Clean Energy Impact

RECs are bought for a number of company consumers, together with Atlassian, Arrow Electronics, Autodesk, Brooks Operating, Compose.[d]Medallia, Trimble, and others.

Seattle, WA – Ever.inexperienced, a market for high-impact Renewable Power Certificates (RECs) and clear vitality tax credit, introduced at the moment the closing of a multi-year contract with Ocotillo Windpower wind farm (“Ocotillo”), a 55 MW wind farm in Huge Spring, Texas that’s being developed by Clearway Power Group (“Clearway”), a number one US proprietor and operator of renewable tasks . RECs are bought for a number of company consumers, together with Atlassian, Arrow Electronics, Autodesk, Brooks Operating, Compose.[d]Medallia, Trimble, and others.

“Our potential to diversify participation opens entry to all corporations that need to have an effect on the vitality transition,” stated Cris Eugster, CEO and Co-Founding father of Ever.inexperienced.

Ever.inexperienced helps corporations speed up the vitality transition by buying high-impact RECs, which assist convey new clear vitality tasks on-line by rising the long-term monetary viability of tasks materially. Ever.inexperienced RECs contribute to the client’s company sustainability targets, as they scale back Scope 2 emissions from the electrical energy these corporations use to run their companies. All Ever.inexperienced RECs are bought by way of long-term contracts, in accordance with GHG practices, and are linked to new or repowered tasks which can be rigorously evaluated for his or her affect on local weather, soil, wildlife, and communities. . These long-term contracts are accessible to corporations of all sizes, together with those who buy at the least 1,000 RECs per 12 months (one REC is equal to 1 MWh of electrical energy), equal to common consumption of 100 homes.

“Brooks acknowledges the significance of aligning efforts at each stage of the enterprise to scale back GHG emissions and spend money on renewable vitality,” stated Dave Kemp, Director of Company Duty at Brooks Operating. “Buying renewable vitality certificates is a vital technique to satisfy our Scope 2 greenhouse fuel emissions discount goal. Our partnership with Ever.inexperienced and Brooks’ funding within the Clearway Power mission will present clear and quick affect of local weather change and an essential milestone in our Local weather Motion journey.”

The Ocotillo wind farm started its authentic business operation in 2008. Clearway accomplished a partial repower in 2023 to increase the lifetime of the renewable asset whereas leveraging present infrastructure and persevering with to take advantage of the location’s confirmed wind sources.

Company vitality consumers have lengthy performed an essential function in facilitating the vitality transition by buying bundled energy and RECs by way of Energy Buy Agreements (PPAs) and Digital Energy Buy Agreements (VPPAs). Sadly, each of those choices are typically out of attain for consumers with low Scope 2 emissions hundreds, who’re solely trying to buy a fraction of the renewable belongings from bigger renewable vitality tasks. Of the practically 309,000 corporations that bought RECs in 2021, solely 613 of them did so by way of bundled PPAs and VPPAs.

“We’re proud to be a part of this mission and spend money on clear, renewable vitality sources that can assist make an enduring, optimistic affect on the atmosphere,” stated Nichole Wiley-Marks, vice chairman of worldwide actual property and sustainability for Pana.

Along with protecting a vital renewable vitality supply on-line, which is anticipated to generate sufficient electrical energy every year to energy greater than 19,000 properties for an additional decade, Ocotillo repower provides further environmental and neighborhood advantages, together with supplies and infrastructure reuse, much less land use. and affect on wildlife. The partial repower can be anticipated to supply a further $2 million in Howard County property taxes and ongoing landlord lease funds for the lifetime of the mission.

In 2023, Ever.inexperienced introduced a partnership with Baker Tilly, a high ten tax advisory and assurance agency, to launch the primary digital market for clear vitality tax credit. This measure provides company consumers the power to match REC purchases with tax credit, thereby rising buying affect and decreasing prices. For extra details about Ever.inexperienced’s market for high-impact RECs and tax credit, please contact Liz Pearce at liz@ever.inexperienced.

About Ever.inexperienced

Ever.inexperienced is the trusted market for purchasing and promoting high-impact RECs and clear vitality tax credit. Its mission is to empower companies of all sizes to meaningfully take part within the vitality transition. Corporations like Atlassian, REI, and Watershed use Ever.inexperienced to satisfy their sustainability targets and spend money on the vitality transition. Ever.inexperienced provides streamlined due diligence, transaction, and compliance companies to scale back dangers and maximize affect for all events. Ever.inexperienced is situated in Seattle, WA. For extra data, go to www.ever.inexperienced.

About Clearway

Clearway Power Group is main the transition to a world powered by clear vitality. Along with our public subsidiary Clearway Power, Inc., we personal and function 10 gigawatts of renewable and traditional vitality belongings nationwide. As we develop a nationwide pipeline of latest renewable vitality tasks for the longer term, Clearway’s 8 gigawatts of working wind, photo voltaic, and vitality storage belongings offset the equal of greater than 10.5 million metric tons of carbon emissions for our present prospects. Clearway Power Group is headquartered in San Francisco with places of work in Carlsbad, Calif.; Scottsdale, Ariz.; Houston; and Princeton, NJ For extra data, go to clearwayenergygroup.com.

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