Steelcase Inc. 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.
“Our decision to partner with Apex and execute a long-term renewable energy agreement reflects our longstanding commitment to drive a clean energy landscape,” said Jim Keane, Steelcase president and CEO. “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.”
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. This amount is equal to approximately 70% of Steelcase’s U.S. electricity usage, or roughly the electricity needed to power 9,100 homes per year.