Steelcase, a firm focused on the office furniture industry, has announced a 12-year power purchase agreement (PPA) with Apex Clean Energy for 25 megawatts of wind power.
Since 2014, Steelcase has invested in renewable energy credits equivalent to 100% of its global electricity consumption. This latest investment will make up nearly half of Steelcase’s renewable energy purchases, directly support the construction of a new clean energy facility set to begin operations in 2016, and further diversify the company’s renewable energy portfolio.
Under Steelcase’s long-term PPA with Apex’s Grant Plains Wind project, a 150-megawatt facility in Grant County, Oklahoma, Steelcase is committed to support production of approximately 100 million kilowatt-hours of clean, renewable wind energy each year.
Jim Keane, Steelcase president and CEO, stated:
“Our decision to partner with Apex and execute a long-term renewable energy agreement reflects our longstanding commitment to drive a clean energy landscape. At a time when businesses and governments are working to align on climate strategies, we maintain a sense of urgency and optimism. We are focused on finding new ways to reduce our overall energy use and investing in innovative, economically beneficial projects like this one to take one step closer to a sustainable energy future.”
Mark Goodwin, president of Apex, commented:
“Apex is proud to partner with Steelcase to help the company achieve its renewable energy goals. Our mission is to accelerate the shift to clean energy, and we do so by providing opportunities for visionary companies like Steelcase to participate in the energy market in the manner that makes the most sense for them. Steelcase has proven itself to be a leader in renewables investment, and we’re pleased that Grant Plains Wind fits with its corporate strategy.”