CoreSite’s VA3 Data Center Powered by 100% Renewable Energy
November 29 2021 - 7:00AM
Business Wire
– All New and Existing VA3 Customers Can Claim
100% Renewable Power –
– Provides Customers the Ability to Support
Local Renewable Energy Sources –
CoreSite Realty Corporation (NYSE:COR) (the “Company”), a
premier provider of secure, reliable, high-uptime data center
campuses with high-performance cloud and interconnection solutions
across the U.S., today announced its VA3 data center is powered by
100% renewable energy through Dominion Energy’s 100% Renewable
Energy ProgramSM. CoreSite’s VA3 data center is its newest
purpose-built, enterprise class facility on its Northern Virginia
campus, and together with VA1 and VA2 currently comprise our Reston
data center campus.
Providing Customers with the Ability to
Support Local Renewable Energy Sources
The new voluntary energy program enables CoreSite to provide
customers with the ability to support continued development of
local renewable energy sources and ensure a diverse fuel mix in the
Northern Virginia market. The portfolio for Dominion Energy’s 100%
Renewable Energy ProgramSM currently includes locally sourced
solar, hydroelectric, and biomass energy. All of CoreSite’s new and
existing customers deployed at its VA3 data center can claim 100%
renewable power.
“CoreSite is committed to seeking out the least carbon-intensive
energy sources wherever feasible, which in turn supports its
customers’ economic goals,” said Paul Szurek, CoreSite’s President
and Chief Executive Officer. “We are excited to support the
development of local renewable energy sources in the Northern
Virginia market and to take this additional step in CoreSite’s
sustainability journey by achieving 100% renewable power at our VA3
data center.”
CoreSite’s Northern Virginia data center campus, comprised of
three operating data centers (VA1, VA2, and VA3) and scalable to
provide over 100 megawatts of capacity at full buildout, provides
direct, low-latency access to all major cloud service providers,
which are natively deployed within its Reston data center campus.
The interconnected campus provides access to the cloud, network,
and managed service providers needed to build and deploy a holistic
hybrid and multi-cloud solution in a secure, dense, and scalable
environment. Enterprises and government agencies, including those
system integrators that support the government agencies, also often
rely on their strategic vendors, such as CoreSite, to address their
sustainability and renewable energy goals.
Other Highlights
- CoreSite’s Northern Virginia Campus –
Scale your digital business in a data center campus that meets your
performance and growth needs – now and in the future
- Accelerate Your Digital Business with
CoreSite – Learn how your business can gain competitive edge
with a network-dense, cloud-enabled colocation provider like
CoreSite
- Sustainability at CoreSite – Learn how
CoreSite innovates through its building design to reduce overall
energy consumption and increase energy efficiency
About CoreSite
CoreSite Realty Corporation (NYSE:COR) delivers secure,
high-uptime data center campuses with high-performance cloud access
and interconnection solutions to a growing customer ecosystem
across eight key North American markets. More than 1,370 of the
world’s leading enterprises, network operators, cloud providers,
and supporting service providers choose CoreSite to connect,
protect and optimize their performance-sensitive data, applications
and computing workloads. Our scalable, flexible solutions and 480+
dedicated employees consistently deliver unmatched data center
options — all of which leads to a best-in-class customer experience
and lasting relationships. For more information, visit
www.CoreSite.com.
Forward Looking Statements
This press release may contain forward-looking statements within
the meaning of the federal securities laws. Forward-looking
statements relate to expectations, beliefs, projections, future
plans and strategies, anticipated events or trends and similar
expressions concerning matters that are not historical facts. In
some cases, you can identify forward-looking statements by the use
of forward-looking terminology such as “believes,” “expects,”
“may,” “will,” “should,” “seeks,” “approximately,” “intends,”
“plans,” “pro forma,” “estimates” or “anticipates” or the negative
of these words and phrases or similar words or phrases that are
predictions of or indicate future events or trends and that do not
relate solely to historical matters. Forward-looking statements
involve known and unknown risks, uncertainties, assumptions and
contingencies, many of which are beyond CoreSite’s control that may
cause actual results to differ significantly from those expressed
in any forward-looking statement. These risks include, without
limitation: the geographic concentration of the Company’s data
centers in certain markets and any adverse developments in local
economic conditions or the level of supply of or demand for data
center space in these markets; fluctuations in interest rates and
increased operating costs; difficulties in identifying properties
to acquire and completing acquisitions; significant industry
competition, including indirect competition from cloud service
providers; failure to obtain necessary outside financing; the
ability to service existing debt; the failure to qualify or
maintain its status as a REIT; financial market fluctuations;
changes in real estate and zoning laws and increases in real
property tax rates; the effects on our business operations, demand
for our services and general economic conditions resulting from the
spread of the Novel Coronavirus (“COVID-19”) in our markets, as
well as orders, directives and legislative action by local, state
and federal governments in response to such spread of COVID-19; and
other factors affecting the real estate industry generally. All
forward-looking statements reflect the Company’s good faith
beliefs, assumptions and expectations, but they are not guarantees
of future performance. Furthermore, the Company disclaims any
obligation to publicly update or revise any forward-looking
statement to reflect changes in underlying assumptions or factors,
of new information, data or methods, future events or other
changes. For a further discussion of these and other factors that
could cause the Company’s future results to differ materially from
any forward-looking statements, see the section entitled “Risk
Factors” in its most recent annual report on Form 10-K, and other
risks described in documents subsequently filed by the Company from
time to time with the Securities and Exchange Commission.
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version on businesswire.com: https://www.businesswire.com/news/home/20211129005079/en/
CoreSite Contacts Brouk Eshetu Assistant General Manager
– Northern Virginia 818-331-8818 Brouk.Eshetu@CoreSite.com
Megan Ruszkowski Vice President of Marketing 720-446-2014
Megan.Ruszkowski@CoreSite.com
Kate Ruppe Investor Relations Manager 303-222-7369
InvestorRelations@CoreSite.com
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