Carnegie Mellon University Enters Multi-Year Energy Agreements With Retail Supplier
September 30,2019
Carnegie Mellon University (CMU) and ENGIE Resources announced a series of multiyear energy agreements through 2024 in which the university will purchase energy from the Radford's Run Wind Farm for its Pittsburgh campus.
ENGIE Resources and Amerex Energy Services (Amerex) jointly designed a unique structure to procure energy sourced from the Radford's Run Wind Farm in Macon County, Illinois to serve all of the campus' electricity needs.
John Bolton, Managing Director at Amerex, said, "This structure offers a 100% renewable, fixed-price load following solution that provides budget certainty through a simple, standard retail commodity agreement with flexible terms."
In a separate agreement, CMU secured Green-e certified Renewable Energy Credits (RECs) to match its energy usage.