The Empire State Building takes on a new iconic state—completely powered with renewable energy. An announcement by Empire State Realty Trust confirmed that its entire commercial real estate portfolio will now be powered by renewable wind electricity.
The three-year contract with Green Mountain Energy, a leading renewable energy provider in Vermont, makes Empire State Realty Trust (ESRT) the largest user of renewable energy in real estate, totaling 10.1 million square feet of real estate, The Hill reported.
“ESRT is the leader in sustainable operations with a viable example of how to scale carbon neutral technologies, strategies and policies to balance with an effective economic business case,” Dana Robbins Schneider, SVP, director of energy, sustainability & ESG at Empire State Realty Trust, said. “We have purchased renewable power from Green Mountain Energy for the World’s Most Famous Building, the Empire State Building, for a decade. We now expand that to all properties in New York State with an additional Direct Energy contract for our Connecticut properties. We continue to advance our commitment to solutions that reduce our environmental impact. Our tenants now work in carbon neutral offices and the investment community can recognize our leadership.”
As New York announced a plan to transition to renewable energy, ESRT leads the way with it’s new deal with Green Mountain Energy.
“At Green Mountain, we’re encouraged by the sustained and vocal advocacy from Empire State Realty Trust that continues to lead New York’s transition to renewable energy,” Mark Parsons, vice president and general manager of Green Mountain Energy, said.