Energy Efficiency, Industrial  -  April 15, 2021

IBM Plans Energy Saving Improvements at Four Sites

IBM plans to make sustainable energy upgrades across four different sites in New York and North Carolina. These improvements will generate $414,000 in savings annually and reduce carbon emissions by 2,416 tons every year.

In order to implement these enhancements, IBM signed a $2.2 million Sustainable Energy Services Agreement (SESA) with California-based developer Metrus Energy. Metrus will partner with Centrica Business Solutions for engineering, construction, and monitoring; JLL for project coordination, and KeyBank Equipment Finance as the project lender.

Brody Wilson, Manager, Global Energy and Environment, IBM, said in a statement, "IBM has been focused on energy efficiency for decades, and Metrus has been a terrific partner in helping us identify new ways to fund our energy efficiency efforts at IBM.”

“Metrus is excited to be providing IBM with a financing solution that will lower their operating expenses while improving their overall sustainability,” said Anastasia Beckett, SVP, Business Development, Metrus Energy. “Our Sustainable Energy Services Agreement is a flexible solution that enables multi-site rollouts of energy efficiency upgrades that will help meet IBM’s ambitious sustainability plans.”

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