Digital Realty Ranks Sixth on EPA's Top 30 Tech & Telecom List of Green Power Users

SAN FRANCISCO, July 19, 2017 /PRNewswire/ -- Digital Realty (NYSE: DLR), a leading global provider of data center, colocation and interconnection solutions, announced today that it ranks sixth overall on the U.S. Environmental Protection Agency's Top 30 Tech & Telecom list of the largest consumers of green power.  Digital Realty also ranks twelfth on the EPA's National Top 100 list of green power users.  Digital Realty is using nearly 720 million kilowatt-hours (kWh) of green power annually, which represents 25 percent of its total power needs.  The EPA also included Digital Realty on its Long-term Green Power Contracts list, in recognition of the company's 12-year contract to purchase green power. 

Digital Realty leads the data center industry in sustainability and energy efficiency and remains committed to its innovative green power initiatives.  The company recently secured a utility-scale renewable energy wind farm to serve 100% of its U.S. colocation and interconnection electricity footprint.  In addition, Digital Realty recently became one of the first REITs to issue a green bond for funding projects with a beneficial impact on the environment, raising $500 million of gross proceeds.  The funds have been fully allocated across nine sustainable projects that have received LEED, BREEAM or CEEDA sustainability ratings. 

"We are honored to be recognized by the U.S. Environmental Protection Agency for our industry-leading green power use," said Digital Realty Chief Executive Officer A. William Stein.  "Our sustainability initiatives demonstrate our commitment to environmental stewardship while also serving as sound business practices." 

Digital Realty Director of Sustainability Aaron Binkley added, "Many of our customers, including some of the world's largest cloud service providers with whom we are pleased to share the distinction of the EPA's Green Power Partnership list, are also prioritizing the sustainability of their operations.  Our ability to offer them renewable and highly efficient data center solutions sets us apart from our competitors." 

Green power is zero-emissions electricity generated from environmentally preferable renewable resources, such as wind, solar, geothermal, biogas, eligible biomass, and low-impact hydro.  Using green power helps build demand for the development of new renewable energy capacity nationwide and helps users reduce their carbon footprints. 

About Digital Realty

Digital Realty supports the data center, colocation and interconnection strategies of more than 2,300 firms across its secure, network-rich portfolio of data centers located throughout North America, Europe, Asia and Australia.  Digital Realty's clients include domestic and international companies of all sizes, ranging from financial services, cloud and information technology services, to manufacturing, energy, gaming, life sciences and consumer products.  https://www.digitalrealty.com/

About EPA's Green Power Partnership

The Green Power Partnership is a voluntary program that encourages organizations to use green power as a way to reduce the environmental impacts associated with electricity use.  The Partnership currently has more than 1,400 partner organizations voluntarily using more than 40 billion kilowatt-hours of green power annually.  Partners include a wide variety of leading organizations such as Fortune 500® companies; small and medium sized businesses; local, state, and federal governments; and colleges and universities.  For additional information, please visit http://www.epa.gov/greenpower. 

For Additional Information:

Andrew P. Power
Chief Financial Officer
Digital Realty
(415) 738-6500

Investor Relations
John J. Stewart / Maria S. Lukens
Digital Realty
(415) 738-6500
[email protected]

Media Inquiries

Clive Over
Director, Product Marketing
Digital Realty
(415) 848-9456
[email protected]

Wilson Craig
SVP/GM
Mindshare PR
(408) 516-6182
[email protected]

U.S. EPA
Melissa Klein
(202) 343-9207
[email protected]

Safe Harbor Statement

This press release contains forward-looking statements which are based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially, including statements related to our green power usage and power needs, expected customer demand for sustainability and the expected benefits from our sustainability offerings.  These risks and uncertainties include, among others, the following: the impact of current global economic, credit and market conditions; current local economic conditions in the metropolitan areas in which we operate; decreases in information technology spending, including as a result of economic slowdowns or recession; adverse economic or real estate developments in our industry or the industry sectors that we sell to (including risks relating to decreasing real estate valuations and impairment charges); our dependence upon significant tenants; bankruptcy or insolvency of a major tenant or a significant number of smaller tenants; defaults on or non-renewal of leases by tenants; our failure to obtain necessary debt and equity financing; risks associated with using debt to fund our business activities, including re-financing and interest rate risks, our failure to repay debt when due, adverse changes in our credit ratings or our breach of covenants or other terms contained in our loan facilities and agreements; financial market fluctuations; changes in foreign currency exchange rates; our inability to manage our growth effectively; difficulty acquiring or operating properties in foreign jurisdictions; our failure to successfully integrate and operate acquired or developed properties or businesses; the suitability of our properties and data center infrastructure, delays or disruptions in connectivity, failure of our physical and information security infrastructure or services or availability of power; risks related to joint venture investments, including as a result of our lack of control of such investments; delays or unexpected costs in development of properties; decreased rental rates, increased operating costs or increased vacancy rates; increased competition or available supply of data center space; our inability to successfully develop and lease new properties and development space; difficulties in identifying properties to acquire and completing acquisitions; our inability to acquire off-market properties; the impact of the United Kingdom's referendum on withdrawal from the European Union on global financial markets and our business; our inability to comply with the rules and regulations applicable to reporting companies; our failure to maintain our status as a REIT; possible adverse changes to tax laws; restrictions on our ability to engage in certain business activities; environmental uncertainties and risks related to natural disasters; losses in excess of our insurance coverage; changes in foreign laws and regulations, including those related to taxation and real estate ownership and operation; and changes in local, state and federal regulatory requirements, including changes in real estate and zoning laws and increases in real property tax rates. For a further list and description of such risks and uncertainties, see the reports and other filings by the company with the U.S. Securities and Exchange Commission, including the company's Annual Report on Form 10-K for the year ended December 31, 2016.  The company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. 

SOURCE Digital Realty

Related Links

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