Apple Plans To Open 2nd Eco-Friendly Data Center In Denmark
Zacks Investment Research | Jul 10, 2017 10:55PM ET
Apple Inc. (NASDAQ:AAPL) is planning to spend $921 million to open a new data center in Denmark that will run entirely on renewable energy, per media reports. The company envisions the new data center to commence operations in the second quarter of 2019.
The planned facility will be located in Aabenraa, and will mark Apple’s second renewable energy-powered data center in Denmark. The company’s first data center in the country is under construction and is expected to initiate operations later this year.
Per Reuters, the newly planned data center will power the company’s online services, including the likes of iTunes Store, App Store, iMessage, Maps and Siri. The facility is expected to serve its customers across Europe.
We believe that Apple’s new data center is a part of its plan to attain 100% renewable energy efficiency. Notably, Apple is one of the many big companies that took up climate change issues head on.
It should be noted that over the past few months, the company has taken several steps to achieve the target. It is worth mentioning that in Feb 2016, the company had issued its first Green Bond of $1.5 billion – the largest Green Bond issued by any U.S. corporation – following the 2015 Paris accord that was adopted on Dec 12, 2015 at the 21st Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC).
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