27 Aug '17, 11pm

JP Morgan to purchase wind energy for new Dallas area campus.

New York banking giant JPMorgan Chase is giving Texas' renewable energy industry an extra tailwind. The company announced Friday it plans to switch all its facilities to 100 percent renewable power by 2020. In Texas, 75 percent of JPMorgan Chase's facilities will run on wind energy by the end of this year. That covers 584 branches and 8 million square feet, including a new 1.2 million-square-foot Plano campus. To power those locations, JPMorgan Chase previously announced a 20-year deal to buy more than half the electricity generated by a new wind farm southwest of Fort Worth. NRG Energy's Buckthorn facility in Erath County is scheduled to start operating by the end of this year. The financial firm also is planning to install solar panels on 1,400 bank branches and 40 commercial buildings worldwide, including the Chase Legacy West Complex. The renewable push is part of a br...

Full article: http://www.treia.org/news/2017/8/8/jpmorgan-chases-new-pl...

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