A 20-YEAR DATA CENTER POWER AGREEMENT
Colocation and data center solutions provider, QTS Realty Trust, has signed a definitive 20-year agreement with Georgia Power for the delivery of new renewable energy to the power grid supporting its Atlanta-Metro and Suwanee Georgia data center campuses.
Subscribing to nearly 350MW, the purchased renewable energy will be generated directly from new solar facilities located in Georgia. The agreement is also part of Georgia Power’s Customer Renewable Supply Procurement (CRSP) tariff through which energy from up to 1,000MW of renewable resources will be available for subscription by new and existing commercial and industrial customers.
“Georgia Power has been a trusted energy provider to QTS since we opened our first data center in Atlanta in 2005,” said Travis Wright, Vice President, Energy and Sustainability, QTS.
“As the data center market leader in Atlanta, we have worked closely with Georgia Power to expand the availability of renewable energy sources through innovative programs like CRSP. This new agreement represents an important milestone as part of QTS’ documented commitment to procure 100% of our power from renewable energy sources by 2025.”
The addition of about 350MW of renewable energy through this agreement will enable approximately 90% of QTS’ total data center footprint to be powered by renewable energy. The company further plans to launch initiatives that will push the score to 100% across the entire QTS footprint by 2025.
“Georgia Power is pleased to provide QTS, the largest customer participating in the CRSP program to date, access to low cost renewable energy as part of our diverse energy mix. Working with the Georgia PSC to develop and approve offerings, we are focused on growing cost-effective renewable energy options for all customers,” said Wilson Mallard, Director of Renewable Development at Georgia Power.
“Blackstone is fully committed to helping companies build a stronger, greener economy. This agreement is aligned with our ambition to reduce carbon emissions at all of our investments, and we are proud that our partnership with QTS is supporting the transition to a cleaner energy future,” said Greg Blank and Rob Harper, Senior Managing Directors at Blackstone. QTS is a portfolio company of Blackstone following its acquisition in 2021.
As announced, the new renewable energy partnership is expected to take effect in 2024.