CyrusOne News and Blog

CyrusOne Announces 100% Renewable Energy in Europe

June 1, 2021

LONDON, 1st June 2021: CyrusOne Inc. (NASDAQ: CONE), a premier global REIT, today announced it has achieved 100% renewable energy across its full European portfolio, nine years ahead of the 2030 target outlined in the self-regulatory Climate Neutral Data Center Pact, of which CyrusOne is a founding member.

With London, Amsterdam, Frankfurt and Dublin operating on a renewable tariff, CyrusOne’s entire operational portfolio in Europe is now powered by renewable energy with the help of local suppliers.

“We’re extremely proud of this milestone in Europe and pleased to be taking another step towards a greener future and embracing our responsibility to reduce our environmental impact,” says Steve Hayward, Senior Director, European Operations at CyrusOne. “Our progress in sustainability continues to be supported and driven by customers, who have come to expect high-grade, quality local power. As we evaluate new markets, the availability of renewable power will be central to our decision making.”

The move to 100% renewable energy in Europe is part of a broader effort by CyrusOne to deliver highly efficient and sustainable data center infrastructure to its customers globally. This includes effective design, maintenance and operation of all global facilities alongside dedicated water, habitat and energy conservation.

CyrusOne recently pledged to become a carbon-neutral operator by 2040, with the European portfolio on track to reach this goal by 2030. The company also published its first Sustainability Report last year and, as aforementioned, recently co-founded the Climate Neutral Data Center Pact, which includes 25 companies and 17 associations from across the industry and has a goal of making Europe climate-neutral by 2050.

About CyrusOne

CyrusOne (NASDAQ: CONE) is a premier global REIT specializing in design, construction and operation of more than 50 high-performance data centers worldwide. The Company provides mission-critical facilities that ensure the continued operation of IT infrastructure for approximately 1,000 customers, including approximately 200 Fortune 1000 companies.

A leader in hybrid-cloud and multi-cloud deployments, CyrusOne offers colocation, hyperscale, and build-to-suit environments that help customers enhance the strategic connection of their essential data infrastructure and support achievement of sustainability goals. CyrusOne data centers offer world-class flexibility, enabling clients to modernize, simplify, and rapidly respond to changing demand. Combining exceptional financial strength with a broad global footprint, CyrusOne provides customers with long-term stability and strategic advantage at scale.

Safe Harbor Note

This press release contains forward-looking statements which are based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially. All statements, other than statements of historical facts, are statements that could be deemed forward- looking statements. These statements are based on current expectations, estimates, forecasts, and projections about the industries in which the Company operates and the beliefs and assumptions of the Company’s management. Words such as “expects,” “anticipates,” “predicts,” “projects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “continues,” “endeavors,” “strives,” “may,” variations of such words and similar expressions are intended to identify such forward-looking statements. In addition, any statements that refer to projections of the Company’s future financial performance, the Company’s anticipated growth and trends in the Company’s businesses, and other characterizations of future events or circumstances, including statements about becoming carbon-neutral, are forward-looking statements. Readers are cautioned these forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties, which could cause the Company’s actual results to differ materially and adversely from those reflected in the forward-looking statements. More information on these risks and uncertainties and other potential factors that could affect the Company’s business and financial results is included in CyrusOne’s filings with the U.S. Securities and Exchange Commission, including in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of the Company’s most recently filed periodic reports on Form 10-K and Form 10-Q and subsequent filings. The Company disclaims any obligation other than as required by law to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors or for new information, data or methods, future events or other changes.