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Apple, eBay, Samsung Austin Semiconductor, and Sprint Accelerate Renewable Energy Development

Source: 
Business Wire

Clean Energy Aggregation to Support Apex Clean Energy’s White Mesa Wind Project in Crockett County, Texas

CHARLOTTESVILLE, Va.--(BUSINESS WIRE)-- Apple, eBay, Samsung, and Sprint today announced a joint agreement to purchase power from a new wind farm owned and developed by Apex Clean Energy. The transaction—spearheaded by Apple, the largest purchaser in the innovative small-load energy aggregation space—totals approximately 75 megawatts of clean energy, enough to power the equivalent of 20,000 homes.

Shared energy purchases such as this allow companies to pool their energy demands and collectively support the addition of large-scale renewable energy projects to the grid. Apple brought together other technology leaders dedicated to responsible business practices—eBay, Samsung, and Sprint—in the aggregation agreement, which will enable all participants to access cost-effective, low-carbon renewable energy from the new project. 3Degrees facilitated the agreement.

The full 500 MW White Mesa Wind project is expected to come online in 2021 in Crockett County, Texas.

“We're proud to be powering all of Apple’s operations around the world with 100 percent renewable energy and driving the private sector to support the clean energy transition,” said Lisa Jackson, Apple's vice president of environment, policy and social initiatives. “Businesses of all sizes and of varying energy needs can help bring new, renewable energy online. This collaborative agreement in Texas is a model we hope others will replicate.”

“At eBay, we prioritize operating in the most environmentally and socially sustainable way,” said Wendy Jones, SVP global operations, eBay. “This collaboration is not only an important step in advancing our commitment to reaching 100 percent renewable energy by 2025, but it also offers an inclusive approach to collaborate with other companies and lead the way toward a clean energy future.”

“Samsung Austin Semiconductor understands the responsibility of businesses to work together to support environmental sustainability and increase the share of renewable energy in our local markets,” said Gil Heyun Choi, president of Samsung Austin Semiconductor. “We see this agreement as a landmark effort for cutting-edge semiconductor technologies and a demonstration of green manufacturing brought to scale.”

“This project marks another step toward reaching our corporate goal of reducing Sprint’s carbon footprint,” said Chas Peterson, vice president of procurement for Sprint. “We are also greening our supply chain by partnering with some of our key suppliers on this innovative shared energy purchase.”

“Enabling corporate aggregation for renewable power purchasing is a key focus of Apex’s and an essential way of engaging more corporate customers in clean energy procurement,” said Mark Goodwin, president and CEO of Apex Clean Energy. “The Apex platform is designed to develop utility-scale wind and solar projects that deliver optimized performance paired with the flexibility that aggregated offtakers need to make these deals feasible. White Mesa Wind is a prime example of the future of corporate clean energy transactions: aggregated power purchasing tailored to each offtaker’s needs.”

“REBA members continue to drive innovation in clean energy procurement!” said Miranda Ballentine, CEO, Renewable Energy Buyers Alliance. “By bringing together the buying power of four leading brands, Apple, eBay, Sprint, and Samsung, with the professional support of 3Degrees, energy buyers are proving that through the right partnerships these innovative renewable energy projects can come to fruition.”

About Apex Clean Energy

Apex Clean Energy develops, constructs, and operates utility-scale wind and solar power facilities across North America. Our mission-driven team of more than 200 renewable energy experts uses a data-focused approach and an unrivaled portfolio of projects to create solutions for the world’s most innovative and forward-thinking customers. For more information on how Apex is leading the transition to a clean energy future, visit apexcleanenergy.com or follow us on Facebook, Twitter, and LinkedIn.

About Samsung Austin Semiconductor, LLC

Samsung Austin Semiconductor is one of the most advanced semiconductor manufacturing facilities in the world with more than 3,000 employees and 2.45 million square feet of floor space. Samsung Austin Semiconductor has broad semiconductor process technology offerings serving customers in various application areas including mobile, consumer, networking/high performance computing, Internet of Things, RF and automotive. Since 1996, Samsung Austin Semiconductor has invested approximately $17 billion in its Austin, TX campus, making it one of the largest direct foreign investments in United States history. Samsung Austin Semiconductor is a US-based subsidiary of Samsung Electronics Co., Ltd. The Austin facility is one of the few semiconductor plants the company has outside South Korea. Visit www.samsung.com/us/sas.

About Sprint

Sprint (NYSE: S) is a communications services company that creates more and better ways to connect its customers to the things they care about most. Sprint served 54.3 million connections as of June 30, 2019 and is widely recognized for developing, engineering and deploying innovative technologies, including the first wireless 4G service from a national carrier in the United States; leading no-contract brands including Virgin Mobile USA, Boost Mobile, and Assurance Wireless; instant national and international push-to-talk capabilities; and a global Tier 1 Internet backbone. Today, Sprint's legacy of innovation and service continues with an increased investment to dramatically improve coverage, reliability, and speed across its nationwide network and commitment to launching a 5G mobile network in the U.S. You can learn more and visit Sprint at www.sprint.com or www.facebook.com/sprint and www.twitter.com/sprint.

About eBay

eBay Inc. (NASDAQ: EBAY) is a global commerce leader including the Marketplace, StubHub and Classifieds platforms. Collectively, we connect millions of buyers and sellers around the world, empowering people and creating opportunity for all. Founded in 1995 in San Jose, Calif., eBay is one of the world's largest and most vibrant marketplaces for discovering great value and unique selection. In 2018, eBay enabled $95 billion of gross merchandise volume. For more information about the company and its global portfolio of online brands, visit www.ebayinc.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20191105005287/en/

Apex Clean Energy | Cat Strumlauf | (434) 227-4196 | cat.strumlauf@apexcleanenergy.com

Apple | Keri Fulton | (240) 595-2691 | keri_fulton@apple.com

Samsung Austin Semiconductor | Michele Glaze | (512) 922-9381 | p.glaze@samsung.com

Sprint | Lisa Belot | (913) 315-5730 | Lisa.Belot@sprint.com

eBay | Ashley Settle | (904) 629-0805 | assettle@ebay.com

3Degrees | Rachel Fagan | (512) 402-8683 | rfagan@3degrees.com

Source: Apex Clean Energy

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