MIAMI – (COMMERCIAL THREAD) – Cyxtera, a global leader in colocation and data center interconnection services, today announced that it has selected NextEra Energy Resources, LLC, the world’s largest producer of renewable energy from wind and sun and a world leader in battery energy storage, as a preferred supplier of green energy. The selection of NextEra Energy Resources will also help Cyxtera accelerate the achievement of its sustainability goals.
NextEra Energy Resources, through one of its subsidiaries, will advise, support and accelerate Cyxtera’s efforts to increase the use of renewable energy through the installation of distributed production systems of clean and renewable energy in data centers from its existing footprint in North America. In addition, the companies will work together to explore other renewable and clean energy projects, including the development of next-generation data centers that take advantage of the latest environmentally friendly technologies and renewable energies provided by NextEra Energy Resources.
In addition, NextEra Energy Resources, through one of its subsidiaries, has subscribed for $ 20 million of the $ 250 million offering of Class A common shares to be issued by Starboard Value Acquisition Corp. . (NASDAQ: SVAC) simultaneously with the consumption of the previously announced $ 3.4 billion. pending the merger of Cyxtera and SVAC.
“NextEra Energy Resources is delighted to work with Cyxtera to help them achieve their sustainability goals,” said Matt Ulman, vice president of distributed generation for NextEra Energy Resources. “Our strategic investment in SVAC Private Placement reflects our belief that colocation providers such as Cyxtera are well positioned for future growth. ”
NextEra Energy Resources will work with Cyxtera on its distributed power generation system requirements and help Cyxtera meet its sustainability goals for the more than 200 megawatts of electrical capacity across its data center in the United States.
“It is exciting to work with NextEra Energy Resources, a company that shares our passion for finding innovative solutions for customers in our respective industries,” said Nelson Fonseca, President and CEO of Cyxtera. “As a company committed to 100% carbon neutrality, operating our global data center platform as efficiently as possible is a key goal for us at Cyxtera. By partnering with a recognized leader in clean energy, we intend to accelerate our transition to renewable energies and help reduce our carbon footprint.
Cyxtera is a global leader in colocation and data center interconnection services. The company operates a footprint of more than 60 data centers around the world, providing services to more than 2,300 large corporations and US federal government agencies. Cyxtera combines proven operational excellence, global scale, flexibility and customer-driven innovation to deliver a comprehensive portfolio of data center and interconnect services. On February 22, 2021, Cyxtera announced that it had entered into a definitive merger agreement with Starboard Value Acquisition Corp. (NASDAQ: SVAC), a publicly traded special purpose acquisition company. The parties expect to complete the transaction in mid-2021, subject to customary closing conditions, including receipt of regulatory approvals and SVAC shareholder approval. For more information, please visit www.cyxtera.com.