CyrusOne Announces Second Net-Positive Water Data Center
DALLAS–(BUSINESS WIRE)–CyrusOne Inc. (NASDAQ: CONE), a premier global data center real estate investment trust (REIT), announces its second net-positive water data center at the Company’s Carrollton, TX location. The Carrollton data center is the single largest CyrusOne data center in the United States and is located in a high-water stress region as designated by the World Resources Institute.
“Data center operators across the world are becoming more aware of the significant water usage at these facilities,” said Kyle Myers, Senior Director of Environmental Health, Safety and Sustainability at CyrusOne. “This is a great way to celebrate World Water Day on March 22 and a milestone moment for CyrusOne to further our goals on our path to a sustainable future.”
Over the past year, water efficiency projects completed at the Carrollton location have reduced onsite water consumption by 67%. By leveraging our zero water-consumption cooling technology, CyrusOne will save millions of gallons of water annually in a drought-prone region.
The collaboration with the Bonneville Environmental Foundation (BEF) and Trout Unlimited will restore to regional watersheds 20% more water than CyrusOne consumed at the site in 2020. BEF was CyrusOne’s partner in the Company’s first net-positive water facility in Chandler, Arizona, and they are pleased to work together again on the Carrollton project. Trout Unlimited partners with agencies, farmers, and water managers to ﬂexibly manage, store, and deliver water during critical times of the years to increase ﬂows in waterways and facilitate groundwater recharge. By leasing water, exchanging water at critical times, and shifting the timing of water delivery, project partners have been able to increase habitat for ﬁsh and provide important economic and community beneﬁts for residents in the region.
“Addressing water scarcity will require us to not only reduce consumptive water use but also restore water to nature,” said Val Fishman, Chief Development Officer at BEF. “We’re excited to have CyrusOne on board as a leader and partner helping to keep water in rivers during times of water stress. Through Water Restoration Credits, CyrusOne is supporting innovative projects on the Upper Rio Grande region that help farmers, agencies, and water managers restore water flows.”
This project exemplifies CyrusOne’s commitment to minimize impacts to the local environment and communities in which we operate and also deliver benefits when possible. The Carrollton project is the next step toward our effort to become net water positive in high water stress regions across the company’s global data center portfolio. This is in addition to the announcement earlier this year that the facility will begin incorporating renewable energy in 2021, in support of its Zero Carbon by 2040 target.
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.
About Bonneville Environmental Foundation
Bonneville Environmental Foundation (BEF) is an independent 501(c)3 organization with a 21-year successful track record working with businesses across North America to advance solutions that ensure our communities, economies, and ecosystems have enough clean water to flourish. BEF’s Change the Course is a first-of-its-kind initiative that brings together the public, corporations, and on-the-ground conservation organizations to raise awareness about freshwater issues, reduce water footprints, and directly support water restoration projects. Change the Course is the leading national corporate water restoration and engagement campaign. The initiative has received contributions from over 63 corporate sponsors; supported over 97 water projects across 15 U.S. states and Mexico and restored over 28 billion gallons of water. Learn more at Changethecourse.us.
About Trout Unlimited
Founded in Michigan in 1959, Trout Unlimited today is a national non-profit organization with 300,000 members and supporters dedicated to conserving, protecting, and restoring North America’s coldwater fisheries and their watersheds. Their staff and volunteers work from coast to coast to protect, reconnect, restore, and sustain trout and salmon habitat on behalf of today’s anglers and coming generations of sportsmen and women who value the connection between healthy, intact habitat and angling opportunity.
Sixty years after our founding, no other conservation organization is as well placed as Trout Unlimited to make a difference for the nation’s coldwater fisheries.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. 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 we operate and the beliefs and assumptions of our management as of the date of this press release. Words such as “pledges,” “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 our future financial performance or operations, our anticipated growth, and trends in our and our customers’ respective businesses and industries, and other characterizations of future events or circumstances, including statements about becoming operating with zero carbon emissions by 2040, 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 our 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.
David M. Baum