The trend of colocation players buying renewable energy in bulk continued today with Digital Realty Trust. The data center REIT has done a deal with E.ON Climate & Renewables North America, LLC to offset 100% of its power needs across its colo and interconnection footprint.
They'll be buying much of the output of the Colbeck's Corner wind farm. That name may sound like a small operation, but it's actually a 200MW project with 112 wind turbines located some 37 miles east of Amarillo, Texas. That project just got new investors via tax equity financing from Allianz Capital Partners and State Street Corp.
That is not to say that all of Digital Realty's power is going to be coming from the Texas panhandle, but rather that Digital Realty is buying credits that will be applied against the power it actually consumes closer to home for each data center. It's a path we are seeing many infrastructure players taking toward being a good corporate citizen while locking in energy rates at a level they like. Equinix did something similar 8 months ago with NextEra and a couple months earlier with SunEdison.