NEW YORK - September 25, 2012 (Investorideas.com renewable energy newswire) NYSE Euronext (NYSE:NYX) announced that it has received a 2012 Green Power Leadership Award from the U.S. Environmental Protection Agency (EPA). NYSE Euronext is the only global exchange operator and one of only 12 organizations nationwide to earn the award for purchasing power generated by environmentally preferable, renewable resources.
"Purchasing green power helps our organization become more sustainable, while also sending a message from our leadership position among global financial markets that supporting clean sources of electricity is a sound business decision," said Jeffrey Pellet, Senior Vice President of Global Real Estate and Facilities at NYSE Euronext. "We are proud to be recognized by the EPA for our continuing commitment to green energy."
The award recognizes the top EPA Green Power Partners – companies that voluntarily distinguish themselves through purchases of green power. NYSE Euronext is currently purchasing more than 127 million kilowatt-hours (kWh) of green power annually – enough power to meet 100 percent of the company's U.S. electricity use and the equivalent to avoiding the carbon-dioxide emissions of more than 17,000 passenger vehicles per year, or the equivalent amount of electricity needed to power nearly 11,000 average American homes annually.
NYSE Euronext is buying renewable energy certificates (RECs) from Green Mountain Energy Company, a wholly owned subsidiary of NRG Energy (NYSE: NRG). NYSE Euronext currently ranks ninth on the EPA's list of 100% Green Power Users, and 35th on EPA's National Top 50 list. Each list highlights EPA Green Power Partners that have completed the largest annual voluntary purchases through July 5, 2012. EPA updates its Top Partner Lists quarterly at http://www.epa.gov/greenpower/toplists/.
EPA presented NYSE Euronext with the award at an event held today in conjunction with the 2012 Renewable Energy Markets Conference in Washington , D.C.
Green power is electricity generated from environmentally preferable renewable resources, such as wind, solar, geothermal, biogas, biomass and low-impact hydro. These resources generate electricity with a net-zero increase in carbon-dioxide emissions, while offering a superior environmental profile compared to traditional power-generation sources. Green-power purchases also support the development of new, renewable energy-generation sources.
"EPA is pleased to recognize NYSE Euronext with a Green Power Purchasing Award for its distinguished commitment to buying green power and for taking a significant step to reduce the environmental impacts associated with its electricity use," said Gina McCarthy, assistant administrator for EPA's Office of Air and Radiation. "NYSE Euronext is helping to grow our nation's renewable-energy market and is a model for other organizations to follow."
The EPA award is the latest in a series of environmental and sustainability honors that NYSE Euronext has received in recent weeks. Last week, the company was named to the Dow Jones Sustainability Index for the third consecutive year; earlier it was named again to the Carbon Disclosure Project's S&P 500 Leadership Indexes for carbon disclosure and performance; and recently marked its second year as the only carbon-neutral global exchange operator. For more information about NYSE Euronext's various environmental-sustainability programs, please see this video.
About EPA's Green Power Partnership
The Green Power Partnership is a voluntary program that encourages organizations to buy green power as a way to reduce the environmental impacts associated with purchased electricity use. The Partnership currently has more than 1,300 Partner organizations collectively purchasing billions of kilowatt-hours of green power annually. Partners include a wide variety of leading organizations such as Fortune 500® companies, small and medium sized businesses, local, state, and federal governments, and colleges and universities. For additional information, please visit http://www.epa.gov/greenpower.
About NYSE Euronext
NYSE Euronext (NYX) is a leading global operator of financial markets and provider of innovative trading technologies. The company's exchanges in Europe and the United States trade equities, futures, options, fixed-income and exchange-traded products. With approximately 8,000 listed issues (excluding European Structured Products), NYSE Euronext's equities markets - the New York Stock Exchange, NYSE Euronext, NYSE MKT, NYSE Alternext and NYSE Arca - represent one-third of the world's equities trading, the most liquidity of any global exchange group. NYSE Euronext also operates NYSE Liffe, one of the leading European derivatives businesses and the world's second-largest derivatives business by value of trading. The company offers comprehensive commercial technology, connectivity and market data products and services through NYSE Technologies. NYSE Euronext is in the S&P 500 index. For more information, please visit: http://www.nyx.com.
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This press release may contain forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements concerning NYSE Euronext's plans, objectives, expectations and intentions and other statements that are not historical or current facts. Forward-looking statements are based on NYSE Euronext's current expectations and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such forward-looking statements. Factors that could cause NYSE Euronext's results to differ materially from current expectations include, but are not limited to: NYSE Euronext's ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk and U.S. and global competition, and other factors detailed in NYSE Euronext's 2011 Annual Report on Form 10-K and other periodic reports filed with the U.S. Securities and Exchange Commission or the French Autorité des Marchés Financiers. In addition, these statements are based on a number of assumptions that are subject to change. Accordingly, actual results may be materially higher or lower than those projected. The inclusion of such projections herein should not be regarded as a representation by NYSE Euronext that the projections will prove to be correct. This press release speaks only as of this date. NYSE Euronext disclaims any duty to update the information herein.
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