Multiple Renewable Energy Deals For Digital Realty In US

• Digital Realty has announced multiple renewable energy agreements in Europe
• In Spain, it has signed 3 offtake contracts with BRUC for solar projects
• In France, wdp has secured it as a client for 2 wind energy facilities

US-headquartered real estate investment trust for data centers, Digital Realty has signed 5 power purchase agreements (PPA) in Spain and France to offtake a combined 347 GWh annually. These contracts will enable it to serve its operations in these countries.

Out of the 5 agreements, Spanish solar developer BRUC has signed 3 with Digital Realty for its projects located in the provinces of Cadiz and Zaragoza. The package deal comprises 3 separate agreements with a duration of 12-year each.

Remaining 2 agreements of Digital Realty are for wind energy facilities of wpd in France, each for 15-year duration.

Digital Realty says the electricity contracted through these projects is equivalent to the annual electricity usage of close to 200,000 households across Europe.

It has signed these agreements to expand its renewable energy portfolio in Europe where it claims its operations have been matched 100% with renewable energy since 2020. The company counts to have executed 15 renewable energy PPAs globally, representing close to 2,200 GWh annually.

According to the company, it has matched 100% renewable electricity for more than 120 of its data centers globally.

By 2030, the data center organization targets to invest in more renewable energy projects to reduce its Scope 1 and 2 emissions by 68% and Scope 3 emissions by 24%.

"The signing of these most recent deals in Spain and France is the result of the continued execution of Digital Realty's sustainability strategy, designed to support the development of high-quality renewables and strengthen our renewable energy coverage," said Digital Realty's Vice President of Sustainability, Aaron Binkley.