Chris Cartwright
TransUnion has secured an 8.5 MW settlement with Constellation to buy renewable energy equal to the annual electrical energy use of its Chicago headquarters, which may even scale back TransUnion’s emissions related to bought electrical energy (Scope 2 emissions).
Through a 12-year settlement starting in April 2025, TransUnion will buy energy and renewable energy certificates (RECs) generated by Swift Current Energy’s Double Black Diamond Solar undertaking in downstate Illinois. Peak development of the solar undertaking started in March 2023.
In whole, TransUnion will procure roughly 17,000 MWh of energy per yr from Double Black Diamond, which is predicted to cut back the corporate’s carbon emissions related to its Scope 2 emissions by greater than 8,000 metric tons yearly in comparison with a location-based calculation. This is the equal emissions of almost 1,800 gasoline-powered passenger autos pushed for one yr, in line with U.S. EPA greenhouse gasoline equivalencies.
“TransUnion is committed to continuing to assess, identify and, where feasible, implement options to integrate environmental sustainability into our global business, and procuring renewable energy is an important step toward realizing our enterprise climate strategy,” says Chris Cartwright, firm president and CEO.
TransUnion plans to make use of the Constellation Offsite Renewables (CORe) product to facilitate its renewable energy transaction. CORe connects clients to the financial and sustainability advantages of large-scale, offsite renewable energy tasks and is amongst Constellation’s suite of retail power merchandise that assist clients obtain their carbon-reduction targets.
In 2021, TransUnion set Scope 1 and a pair of emissions discount targets for the primary time. Since then, the corporate has made vital reductions via its actual property consolidation and renewable energy purchases.
Eric Lammers, co-founder and CEO of Swift Current Energy, the developer and long-term proprietor of Double Black Diamond Solar, says: “By purchasing power from the project, TransUnion is also supporting construction jobs in Illinois, as well as U.S. manufacturing jobs associated with the steel foundations, the tracker systems and the solar modules. Double Black Diamond Solar will also provide long-term tax revenue for communities in the state.”
With an estimated whole capability of 800 MW DC, Double Black Diamond Solar will produce electrical energy ample to power the equal of greater than 100,000 properties from its location in downstate Sangamon and Morgan counties.
