April 8, 2009—NextEra Energy Resources, a subsidiary of FPL Group, Inc., and the largest wind and solar energy producer in North America, has launched the EarthEra Renewable Energy Trust and associated renewable energy products.
The EarthEra Renewable Energy Trust helps businesses and consumers make a difference in the fight against climate change with confidence that every penny they spend is going directly to the construction of new wind and solar energy projects, according to the company, says the company.
When businesses purchase EarthEra renewable energy certificates (RECs) to meet their own sustainability or green energy goals, 100 percent of the proceeds go into the EarthEra Renewable Energy Trust, which in turn allocates 100 percent of those funds directly to the construction of new wind and solar renewable projects, says NextEra Energy Resources.
The EarthEra Renewable Energy Trust is administered by U.S. Bank and all marketing, administrative and other overhead expenses are paid by NextEra Energy Resources. All renewable energy projects built by the proceeds from the Trust will be owned and managed by NextEra Energy Resources or its subsidiaries, the largest and most experienced wind and solar energy producer in North America.
Leading businesses have already committed more than $5 million to the Trust by purchasing EarthEra products to offset the carbon impact of business operations and to meet their green energy requirements. Companies and institutions such as Sony Electronics Inc., Office Depot, HSBC-North America, REI, Norwegian Cruise Lines, GOOD, University of Denver and Loyola Marymount University have joined in the fight against climate change with NextEra Energy Resources through the EarthEra Renewable Energy Trust.
For more information, see Next Era Energy Resources.
