Energy Management Articles
Blog posts tagged with "Citi"
North America’s Three Largest Banks to Disclose Energy Supply Ratios
JPMorgan Chase, Citi, and the Royal Bank of Canada have agreed to publicly disclose their financing ratio of clean energy supply financing to fossil fuel extraction financing (Energy Supply Ratio) and their underlying methodology.
Citi Sets 2050 Net Zero Goal
Citi announced its goals to achieve net zero by 2050, including its 2030 emissions targets.
Citi, Goldman Sachs and Others Join Collaboration to Decarbonize Steel
Citi, Goldman Sachs, ING, Societe Generale, Standard Chartered and UniCredit are collaborating on developing a finance agreement that will support the decarbonization of the steel industry.
Citi to finance $250 billion in climate projects
Citi announced July 29 their new five-year 2025 Sustainable Progress Strategy, including a goal to finance $250 billion in environmental and climate change-focused projects globally.
Citi issues first U.S. green bond
Citi announced May 11 that they have issued their first USD-denominated benchmark green bond, of which the proceeds will be used to fund renewable energy, sustainable transportation, water quality and conservation, energy efficiency and green building projects.
Digital Realty inks wind PPA for Texas data centers
Digital Realty announced April 22 a 7.5-year agreement with Citi that will provide the cloud- and carrier-neutral data center provider with renewable energy power and credits that account for 30% of its power needs in the Dallas market.
Citi goes green in Texas with RECs
Citi announced the purchase of renewable energy credits from the 163 MW Midway Wind Project in San Patricio County, Texas. Citi will acquire 64% of the RECs generated by the project, which is being developed by Sammons Renewable Energy and is expected to be operations in the first half of 2019.
Citi deal powers QTS data center
Global bank Citi announced a 10-year agreement to supply clean, renewable energy to a QTS Realty Trust data center in Irving, TX. The contract will provide renewable energy for 100% of the 54-acre, 700,000 sq. ft. data center’s power needs.
Citi redesigns HQ with LEDs, ice storage, cogen plants
Part of a broader initiative to modernize its global headquarters in New York City, Citigroup has incorporated a series of smart energy features into the redesign of its building in Tribeca, including the installation of an ice storage plant.
