RPD Ups Wind Power for Iron Mountain’s Mid-Atlantic Facilities

HOUSTON–(BUSINESS WIRE)–#CSR–Renewable Power Direct (RPD), a national leader in providing innovative
green energy solutions, has structured a fourth renewable electricity
supply agreement for Iron
Mountain Incorporated® (NYSE: IRM), the global leader in storage and
information management services.

Under the agreement, Iron Mountain will add a new 5MW block of wind
power to its Mid-Atlantic electricity supply from 2018 through 2020.
This amount is equivalent to over 43,000 annual MWh – enough green
energy to supply power to more than 4,000 homes for a year. The physical
energy will be sourced from EDP Renewables North America’s Meadow Lake
III Wind Farm, located in Indiana. EDPR will also be supplying renewable
energy certificates (RECs) to support the transaction, verifying the
delivery of that renewable energy back to the electricity grid.

The new supply deal arranged by RPD complements the mix of purchasing
strategies, including traditional power purchase agreements (PPAs) and
on-site projects, used by Iron Mountain to meet its corporate
sustainability goals.

RPD’s innovative supply model allows Iron Mountain to replace a portion
of its current electricity purchases with a new tranche of wholesale
renewable energy while keeping its existing retail electricity agreement.

Mark Mancino, RPD’s vice president of sales, commented, “Layering in
green power blocks to replace brown blocks provides a drop-in product
for large customers, as well as providing a practical way to green
almost any buyer’s electricity supply using a standard retail purchase
contract.”

Mancino added, “This transaction is another example of how RPD brings
together the pieces of the wholesale and retail energy puzzle for
forward-thinking companies like Iron Mountain. With Iron Mountain’s
sustainability leadership, we worked in concert with their retail
supplier and energy consultant to develop and execute this renewable
solution.”

“With this transaction, Iron Mountain continues to demonstrate that we
can expand our commitment to renewable energy by using new models that
are both simple to implement and cost effective,” said Chris Pennington,
energy manager, Iron Mountain.

About Iron Mountain

Iron Mountain Incorporated® (NYSE: IRM) is the global leader in storage
and information management services. Trusted by more than 230,000
organizations around the world, Iron Mountain’s real estate network
comprises more than 85 million square feet across more than 1,400
facilities in more than 50 countries dedicated to protecting and
preserving what matters most for its customers. Iron Mountain’s
solutions portfolio includes records
management, data
management, document
management, data
centers, art
storage and logistics, and secure
shredding, helping organizations to lower storage costs, comply with
regulations, recover from disaster, and better use their information.
Founded in 1951, Iron Mountain stores and protects billions of
information assets, including critical business documents, electronic
information, medical data and cultural and historical artifacts. Visit http://www.ironmountain.com
for more information.

About Renewable Power Direct, LLC

RPD is a unique U.S. renewable energy marketer serving corporate and
industrial buyers. It is the only supplier offering variable term (2-7
year), fractional physical capacity (plus RECs) from utility-scale wind,
hydro, and solar facilities. Blocks of energy capacity may be purchased
in 1 MW or greater increments. Fortune 500 energy buyers have chosen
these contracts for green data centers, production facilities and
corporate headquarters from California (CAISO) to Texas (ERCOT) to the
Mid-Atlantic (PJM). More information can be found at www.renewablepowerdirect.com.

Contacts

Renewable Power Direct, LLC
Nancy Young, 832-279-3029
Director
Marketing & Operations
[email protected]