Dec 09, 2008

Seagate To Run On 100 Per Cent Renewable Energy

Seagate (NASDAQ:STX) has today announced a decision which will dramatically reduce its carbon footprint in Derry.

The company has switched from traditional electricity supply to environmentally friendly wind power, supplied by Airtricity, Ireland’s leading renewable energy company. Airtricity specialises in the development of onshore and offshore wind farms and currently has 24 wind farms in operation throughout Northern Ireland, the Republic of Ireland and Scotland.

Going forward, the electricity required to run the massive Springtown plant will be 100 per cent renewable, reducing the site’s carbon footprint by 41,800 tons of carbon dioxide, which equates to 95 percent of the total carbon emitted each year by Springtown. The reduction is the equivalent to the carbon dioxide emitted by 4,500 households per year.

“Going green was a significant factor for us when we were reviewing our energy supply contract,” said John Spangler, vice president at Seagate’s high-tech Springtown facility. “We are not a heavy or conventionally ‘dirty’ industry and we have no smokestacks to shut down, but we do not view that as a warrant for complacency. Internationally the company is making a positive difference through an aggressive programme of energy use reduction and we wanted to reflect those priorities here at Springtown.

“The Springtown manufacturing facility, by its very nature, is a heavy consumer of energy and we are constantly seeking ways to reduce energy consumption. Internally we have already implemented many excellent projects to decrease our carbon footprint, but switching to a renewable power source allowed us to go still further. This is an important demonstration of our commitment to doing business in a way that respects the environment.”

David Brown, sales director of Airtricity said: “We are delighted that Seagate has made the switch to green electricity supply. They are the latest of many North West businesses who have opted to use a more environmentally responsible form of energy supply. The switch means that one of the biggest companies in Northern Ireland is now making a genuine contribution to environmental protection.”

About Airtricity
Airtricity currently serves the needs of over 40,000 businesses in Ireland, both North and South. Businesses who want to make a positive difference to the environment by selecting Airtricity as their energy provider can log onto http://www.airtricity.com

About Seagate
Seagate is the worldwide leader in the design, manufacture and marketing of hard disk drives and storage solutions, providing products for a wide-range of applications, including Enterprise, Desktop, Mobile Computing, Consumer Electronics and Branded Solutions. Seagate’s business model leverages technology leadership and world-class manufacturing to deliver industry-leading innovation and quality to its global customers, with the goal of being the time-to-market leader in all markets in which it participates. The company is committed to providing award-winning products, customer support and reliability to meet the world’s growing demand for information storage. Seagate can be found around the globe and at http://www.seagate.com

Seagate employs more than 1,400 people in Northern Ireland at its wafer fabrication facility in Springtown, where the Company develops and manufactures recording heads, which write information onto and read information from the recording disk inside a hard drive product.

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