Metro Storage LLC, which operates 85 facilities under the Metro Self Storage brand, has engaged Wunder, a provider of commercial-energy solutions, to deploy solar panels across its Northeast portfolio. The first six projects to come online, which span more than 380,000 square feet in Illinois and New Jersey, provide more than 710 kW of power. They’re expected to generate 1,040,000 kWh of power in the first year alone, offsetting 1,606,371 pounds of CO2 emissions, according to a press release.
“Deploying solar across our portfolio has been an incredible step forward for our business,” said Nick Gerou, chief investment officer at Metro. “Not only are we unlocking new revenue, but we're also powering our facilities with clean energy and achieving our sustainability objectives.”
Metro launched its green initiative last spring with intent to add solar panels to select facilities in several states. The company has 19 projects that are either complete or under construction or agreement. Once the installations are finalized, the operator estimates that they’ll generate 7 million kWh of renewable energy annually and account for 50% of the company’s electricity consumption.
Related:Eco-Smart Self-Storage: Renovations That Pay Off for Operators and the Environment
Founded in 2013 and headquartered in Boulder, Colorado, Wunder offers energy solutions for the commercial real estate market. It provides solar services in 40 states.
Metro Storage is a privately owned international company specializing in the acquisition, construction, development and management of self-storage facilities in Central America and the United States. It’s owned by Metro Storage International, whose affiliates operate properties in Costa Rica, the Dominican Republic, Guatemala and El Salvador under the Mr. B's brand name.
Source: Business Wire, Metro Self Storage Partners with Wunder to Deploy Solar Across Northeast Portfolio
ISS Staff
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