Visa (NYSE: V), a leading global payments technology company, announced today that it has entered a multi-year energy agreement with MP2 Energy LLC, a wholly owned subsidiary of Shell Energy North America (US), L.P., to power Visa’s data center in the commonwealth of Virginia with 100 percent renewable energy during five years of the agreement.
Read the Full Visa Press ReleaseCutting-edge methods like the retail-delivered renewable PPA strategy are a means of differentiating from the herd while effecting real change for both the environment and the bottom line of the corporate energy customer. Not only are retail-delivered renewable PPAs eco-friendly because of the sources of the electricity, but their structure also enables the development of new renewables projects. Retail suppliers are perfectly positioned to partner with corporate customers in this critical mission. With the benefit of working directly with wholesale energy companies who have strong balance sheets, ample capacity, industry knowledge, and their own commitment to a sustainable future, retail suppliers like MP2 are able to provide flexibility on term, size, and product structure.
Read the Full Article in Smart Energy DecisionsMP2 structured the retail agreements jointly with the customers, Cargill, Incorporated and Ardent Mills, LLC, in parallel with SENA as it negotiated the commercial terms of the physical offtake from Misae Solar I. Through MP2, Cargill and Ardent Mills agreed to purchase both renewable energy and renewable energy credits (RECs) directly from Misae for a period of 67 months, beginning in May 2021. As SENA offtakes the energy, MP2 firms and shapes it to match Cargill’s and Ardent Mills’ respective energy profiles across their Texas locations, and delivers it to meet the desired 90 percent aggregate renewable energy target the customers specified.
Read More About this Case StudyWells Fargo today announced structured renewable energy agreements with Shell Energy North America (US), L.P. (Shell Energy) and its wholly owned subsidiary MP2 Energy LLC (MP2 Energy), to secure approximately 150,000 megawatt-hours of renewable energy annually. This energy addresses 100% of the energy consumption of approximately 1,200 Wells Fargo properties in California and the mid-Atlantic states, and meets 100% of the company’s eligible load in California, Delaware, Maryland, New Jersey, Illinois, Ohio, Pennsylvania, and the District of Columbia.
Read the Full Wells Fargo ArticleLancium™, a data center technology company, and MP2 Energy, a wholly-owned subsidiary of Shell Energy North America (US), L.P., today announced the first successful load-only Controllable Load Resource (CLR) designation by the Electric Reliability Council of Texas (ERCOT). While available since 2004, achieving this designation is a first in ERCOT for a load only and without generation. Power consumption can be the single largest expense for companies that play in the High-Throughput Computing (HTC) space, like machine learning, cryptocurrency mining, and fluid simulations, and this energy optimization option can significantly reduce those costs.
Read More About this Press ReleaseMP2 Energy was recently chosen to be the Qualified Scheduling Entity and the Retail Electric Provider for Danone North America, in conjunction with a power purchase agreement (PPA) between Enel Green Power North America (“Enel”) and Danone North America.
Read More About this Renewable Energy ReleaseRight now, as social distancing measures against the spread of COVID-19 remain ongoing, millions of parents across America are trying to adjust to their new roles as homeschool teachers. That’s why we’d love to invite you to take advantage of MP2’s free online education portal we call Energy Academy.
Read More About the Benefits of Energy AcademyMP2 Energy's rank in both categories showed improvements from the previous year, moving from second and seventh on the list, respectively, to the coveted top spots. The company was also ranked second for "Customer Service," reflecting its commitment to customer satisfaction year over year.
Read More About MP2's Recent AwardsThe new MP2 Energy Electric Vehicle incentive plan is 100 percent renewable and enables electric vehicle owners to customize a charging schedule that fits with the plan incentives. Additionally, it fits well with MP2 Energy’s larger offering of emerging technology programs, such as solar and storage incentives, and will assist in continued deployment of electric vehicles in Texas, as well as other competitive markets.
Read More About MP2's EV Free PlanMP2 Energy, a subsidiary of Shell Energy North America, today launches Energy Academy, a new educational website aimed at helping K-5 students better understand the complex world of renewable energy. Energy Academy is a fully interactive resource that will also focus on key STEM concepts. Energy Academy will serve as a resource for teachers, as well.
Read More About MP2's Energy Academy ResourceShell Energy North America ("SENA") announced today that it has signed a purchase agreement for the acquisition of MP2 Energy LLC (MP2). Subject to regulatory approvals, the transaction is expected to be closed in the 3rd quarter of 2017.
Read More About Shell's Acquisition of MP2 EnergyCiti has entered into a new contract to purchase clean, renewable energy for a multi-year term at its Roanoke, TX, data center. The contract will provide Green-e certified renewable energy for 50 percent of the data center’s power needs. This deal marked the first collaboration between Citi Realty Services (CRS), an internal unit responsible for the company’s facilities, and the Citi subsidiary -- Citigroup Energy Inc.
Read How Citi Will Power Its Data CenterMP2 Energy, a full service power company, has signed a five year retail energy agreement to serve Abilene Independent School District (Abilene ISD) approximately 19 million kilowatt hours (kWh) per year. The agreement allows Abilene ISD to secure lower long-term energy prices, which will reduce electricity costs by more than $1 million over the five-year term.
Read More About MP2's Deal With Abilene ISDRichard walks us through the history of the Rice campus sustainability movement and explains why jobs like his these days are more about things like rethinking building design, improving power purchase agreements and getting students engaged in changing the carbon footprint of their campus than they are about recycling.
Listen to the PodcastSolarCity is partnering with partner in MP2 Energy, The Woodlands retail electricity company that will offer net metering to SolarCity and its customers. Net metering allows homeowners to sell excess power generated by the solar panels back to the electric company, which offsets cost and helps residential solar compete with power from the grid.
Read the Full Houston Chronicle ArticleThe SolarCity partner explains how residential PV in a state without NEM works to mitigate risk and fill out the generation mix.
Read the Full Greentech Media ArticleMP2 Energy, a top-tier power company that integrates capabilities across its core services from power plant development to retail electric supply to the end-use customer, announced today that it has been chosen to partner with Apex Clean Energy (Apex) to supply both renewable energy and traditional electricity to Fort Hood, a 340 square mile base outside of Killeen, Texas that serves 218,000 military and family.
Read More About MP2's Partnership With Apex Clean EnergySolarCity announced that it is making its solar service available to homeowners in Greater Houston for the first time. SolarCity said that homeowners can go solar for as little as $40 per month, with design, installation, financing, monitoring and a performance guarantee included.
Read How Homeowners Can Go Solar With SolarCityMP2 Energy, a full-service power company based in The Woodlands, Texas, has been awarded a five-year retail electricity contract with Toyota Motor North America to provide 100 percent renewable energy solutions to Toyota’s new North American headquarters in Plano, Texas.
Read More About MP2's Contract With Toyota Motor North AmericaPriority Power Management, LLC (“PPM”), a Texas-based leading independent energy management and consulting services firm, announced that it has successfully negotiated and secured a unique retail electricity supply contract for Toyota Motor North America’s new North American headquarters in Plano, Texas that begins today.Read the Full BusinessWire Article
MP2 Energy is pleased to announce Jeff Colvin as its new vice president of national commercial and industrial sales. Colvin joins MP2 Energy with more than a decade of sales experience in the energy industry, managing teams responsible for millions of dollars in sales revenue.
Read More About Jeff Colvin's AppointmentVillage Farms L.P. ("Village Farms") the U.S. operating subsidiary of Village Farms International, Inc. (TSX:VFF) (OTCQX:VFFIF), SolarCity and MP2 Energy have agreed to build a 2 megawatt solar array adjacent to Village Farm's 30 acre Permian Basin Division greenhouse in Monahans, Texas.
Read More About the Monahans Solar ProjectLocal farm-to-market solar electricity option allows Houston residents to go solar without purchasing rooftop solar panels.
Read More About the New Community Solar FarmJeff Starcher named one of Houston Business Journal’s 2015 “Who’s Who in Energy?” honorees.
Read More About Jeff Starcher's RecognitionMP2 Energy, a top-tier power company that manages power plants, delivers power to end-use customers and masters all other aspects of the energy market, was recently recognized by DNV GL for overall satisfaction, ease of doing business and price competitiveness.
Read More About MP2's RecognitionSecond Straight Year MP2 is Recognized as One of the Fastest Growing Aggie-Owned or Managed Companies in the World
Read More About MP2's Honor at the AGGIE 100 AwardsMP2 Energy, a top-tier power company that manages power plants, delivers power to end-use customers and masters all other aspects of the energy market, was recently recognized by the Energy Research Consulting Group (ERCG) for overall satisfaction among retail energy providers (REPs).
Read More About MP2's Recognition for Customer SatisfactionLincoln Property Co. and T5 DataCenters plan to build the 6-story data center complex on the site of the Cabana Motor Hotel on Stemmons Freeway. Dallas County is selling the 52-year-old hotel – recently used as a detention center – to Lincoln Property.Read the Full Dallas News Article
Maura Yates, vice president of sustainable solutions for MP2 Energy, has been named a 2015 Smart Grid Pioneer by Smart Grid Today. Yates is one of 50 individuals recognized by the utility industry publication for advancing the field of renewable energy. She is being recognized alongside a former governor, multiple CEOs, a National Security Council director and others in 33 countries across the globe.
Read More About Maura Yates' Sustainability AwardMP2 Energy, a retail electric supplier in Texas, for example, recognized the limitations of the longer contracts. The company developed a landmark, two-year solar energy procurement proposal that attracted Rice University, and the parties announced a contract in February 2015.Read the Full edf.org Article
The Copperas Cove Independent School District board on Tuesday approved measures to save more than $1 million in the next 3½ years by renegotiating existing financial agreements. Board members approved a refinancing plan on outstanding “series 2005” bonds that were approved by voters for $32.57 million. The refinancing, once finalized, is estimated to save about $500,000 over the next three years.Read the Full kdhnews.com Article
2015—SolarCity (Nasdaq: SCTY) and MP2 Energy have partnered to make it possible for some Dallas-Fort Worth area homeowners to pay less for solar electricity than they pay for utility power for the first time without any local incentives.
Read How Some Homeowners Are Paying Less for SolarMP2 Energy, a full-service power company, has signed a landmark energy agreement with Rice University that represents the first time off-site solar power is being delivered to a commercial entity on a short-term contract, without state or utility incentives in a deregulated market.
Read More About MP2's Agreement With Rice UniversityTrailStone NA Asset Holdings LLC (“TrailStone”), a member of the TrailStone Group of companies, has entered into a Membership Interest Purchase Agreement (the “Purchase Agreement”) pursuant to which it has acquired a strategic equity interest in MP2 Energy LLC (“MP2”), a full-service power company with customers in Texas, Illinois, Pennsylvania and Ohio.
Read More About TrailStone Group's InvestmentMP2 Energy saw significant growth in its retail power business during 2014, both in ERCOT and in PJM, the latter of which it entered in earnest last year. Speaking with EnergyChoiceMatters.com, MP2 Energy Vice President Trey Price reported that MP2's retail power book now has a peak load of over 850 MW. That represents growth of about 50% over the last year. Read the Full EnergyChoiceMatters.com Article
At its annual conference in November, TEPA awarded MP2 its inaugural Supplier of the Year award. TEPA surveyed approximately 150 energy aggregators, brokers and consultants (ABCs) to determine the supplier who they are the most satisfied with, and MP2 ranked 1st out of 24 retailers.
Read More About MP2's TEPA AwardThe Texas Coalition for Affordable Power, which looks at complaints filed with the state Public Utility Commission, recently released the results of its annual survey. Findings showed that MP2 Energy was among the four companies with the lowest complaint rates, meaning that customers are more satisfied with MP2. Read the Full Texas Tribune Article
This award honors the fastest-growing companies in the world that are owned or operated by Texas A&M University graduates.
Read More About MP2's Recognition at the AGGIE 100 AwardsThe Stephenville City Council recently approved an energy management services agreement with MP2 Energy.
Read More About MP2's Agreement With Stephenville City CouncilEarth Day is one of the most recognized holidays in the world, celebrated by more than one billion people every year. Established in 1970, this international event cultivates support for environmental protection and encourages green initiatives and practices all year round. For MP2, that means continually searching for ways to innovate and be better environmental stewards both in our own practice, and to help advance our industry at large.
Read How to Reduce Your Environmental ImpactAre you considering emissions upgrades to your generator to meet the coming EPA standards? Did you miss the deadline to submit your Emergency Response Service (ERS) offer to ERCOT in early January? Are you concerned that you may lose your ability to participate as a Load Resource (LR)?
Read More About EPA Standards for GeneratorsThe future just got brighter for solar energy in Texas, thanks to the recent extension of the federal solar Investment Tax Credit (ITC). Homeowners, businesses and schools in Texas now have another tool available to them in their efforts to make the switch to clean power and save some money in the long run.
Read More About Solar Teax Credits in Texas