ATLANTA, Dec. 20, 2012 /PRNewswire/ -- Atlanta Hawks fans have something to cheer about in addition to the Hawks' winning record. On Friday, the Atlanta Hawks and Philips Arena signed a contract with Georgia Power to purchase enough green energy to power the arena for the entire 2012-2013 Atlanta Hawks basketball season.
Through the partnership, the Atlanta Hawks and Philips Arena purchased 751,544 kilowatt-hours- or 7,516 blocks- of green energy, enough to power the arena during all 41 home games this season. The amount of green energy purchased is enough to power 75 Georgia homes for a year. This purchase is made possible through Georgia Power's special events purchase option, which is a component of the company's Green Energy program.
"We're proud to partner with the Atlanta Hawks and Philips Arena as they continue their unwavering commitment to being a leading environmental steward in the city of Atlanta," said Mike Hazelton, Georgia Power's Vice President of Marketing. "This purchase positions them as one of our top green energy special events partners."The partnership will require additional energy from renewable resources to be added to the power grid in amounts equal to what it takes to power Philips Arena during Hawks home games. Georgia Power will use Green-e Certified energy sources to power the arena. "The Atlanta Hawks and Philips Arena are committed to protecting the livelihood of the environment through innovative methods, and Georgia Power is helping us meet our goals through their Green Energy Program," said Bob Williams, President, Atlanta Hawks and Philips Arena. "Together, we continue to reduce our carbon footprint today and for the future." The Atlanta Hawks and Philips Arena have been a pioneer in the area of environmental stewardship. Philips Arena was the first professional sports and concert facility in the world to receive LEED-EB certification, establishing Philips as the model for other sports and entertainment venues to follow. This purchase of green energy underscores their commitment to going green, and further establishes the group as an energy-conscious organization.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts