INDIANAPOLIS, Sept. 10 /PRNewswire/ -- BioStorage Technologies, Inc. (BST) announced that it has entered into agreement with Indianapolis Power & Light Company (IPL) to purchase electricity generated by 100 percent renewable energy resources, through IPL's Green Power Option voluntary program. By offsetting the use of fossil-fueled power generation, this program will better enable BST to become completely carbon-neutral by 2009.
BST becomes the third-largest customer to participate in IPL's Green Power Option program, joining other environmentally aware leaders - including the State of Indiana as part of its Hoosier Homegrown Energy Plan - in making substantial investments in the purchase of green energy. After paving the way with ethical Good Storage Practices (GSP), BST leaders implore others in the sample management industry to follow their environmentally conscious path to decrease carbon dioxide emissions and strive for a healthier environment.
"As a service provider to the global pharmaceutical and biotechnology sectors, we focus on contributing to better health and longer life for people around the world. Energy conservation and environmental preservation are part of this philosophy," said F. John Mills, M.D., Ph.D., BST's chairman and chief executive officer. "We understand the high energy drain that organizations in our field can have on the environment, which is the reason for our commitment to 100 percent certified renewable energy and our goal of becoming carbon neutral."
Under the agreement, IPL has purchased the equivalent of approximately 1.5 million kWh of Renewable Energy Certificates representing electricity generated by wind and biomass facilities. This certificate purchase matches the annual electric usage of BST's U.S. operation, a 25,000 square-foot biorepository in Indianapolis dedicated to 24-hour-a-day sample integrity management for clients in the global pharmaceutical and biotechnology industries.
|SOURCE BioStorage Technologies, Inc.|
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