Solar Builder Magazine: Seneca Environmental to sell RECs to Pinterest
Seneca Environmental, the energy solutions division of Seneca Holdings, the wholly owned investment arm of the Seneca Nation, announced today that it has retired an international portfolio of renewable energy certificates (RECs) on behalf of visual search and discovery platform Pinterest. The sale marks the first sale of these types of RECs to a global tech company by a tribally owned enterprise.
With RECs spanning 15 countries including Singapore, Australia, and Japan, the purchase will be used to offset energy load in Pinterest offices, furthering the company’s goal to achieve 100% renewable energy for their offices.
As part of the deal, Pinterest will procure high-impact RECs from Seneca Environmental.
