Energy Harbor Corp. announced that it has entered into a five year partnership with Standard Power to provide clean, reliable, carbon-free electricity from its nuclear fleet to Standard Power's new Bitcoin blockchain mining center in Coshocton, Ohio beginning in December 2021. Standard Power is a leading infrastructure service provider for advanced data processing companies and a leading hosting provider for blockchain mining companies. This climate-friendly agreement helps enable Standard Power to revitalize an abandoned Ohio paper mill into a facility that brings new jobs to the region. It also enables the company to achieve its sustainability objectives by powering the Bitcoin blockchain mining center with Energy Harbor's clean, sustainable, locally generated nuclear electricity. Standard Power will also be providing valuable reliability and stability to the transmission grid by completely shutting down operations when the electric grid and other Ohio customers need the power the most.
Energy Harbor is a financially secure independent power producer and fully integrated retail energy provider focused on safe and best-in-class operations and financial performance. With its fleet of reliable generating resources, including substantial carbon-free generation, Energy Harbor is well positioned for long-term value creation and competitiveness in a low-carbon future and is focused on enabling a growing customer and stakeholder base to meet their environmental, social and sustainability goals.