The 2018 Cox Corporate Social Responsibility Report CEI_2018_CSR_Report | Page 26

COX CONSERVES Our Cleantech Focus Areas Energy Services Cox has long been committed to renewables, deploying more than 30 on-site solar generation projects at different locations. But the opportunity to deploy solar at our own facilities is finite. That’s why, in pursuit of our carbon neutral goal, we’ve expanded our portfolio to include ventures to build utility-scale solar. Our first was the investment by Seven Islands Environmental Solutions (a wholly owned Cox subsidiary) in Dukemont Solar, a 2.5 MW solar array in North Carolina. The success of that endeavor led us to a much larger partnership when we became the majority investor in a $25 million project to construct four solar farms. With installations in Jacksonville, Florida, and the Georgia cities of Winder, Douglasville and Cairo, the Southeastern Solar Farm Fund project generates 20.5 MWh per year for the grid, producing a carbon offset of 13,850 tons and generating enough energy to power more than 2,200 homes annually. Our alternative energy investments also include the New River Clean Energy facility in Beckley, West Virginia, a landfill gas power generation project that annually offsets 7,000 tons of carbon while producing enough energy to power nearly 1,000 homes. Golden Isles Conservation Center: A New Chapter Unfolds Several years ago, we launched Golden Isles Conservation Center, a facility in coastal Georgia pioneering an experimental pyrolysis technology that converts discarded tires into their source components — carbon black, synthesis oil, synthesis gas and steel. It was the first of its kind in the U.S. When you’re on the leading edge of experimental technology, events can take unexpected turns, as we saw when there was a system failure and shutdown at the facility in 2017. Problems with the original design were identified, and we determined it was not a commercially viable system. Fortunately, the Golden Isles story has a new and promising chapter. In the months that followed shutdown, our teams completely reengineered, redesigned and rebuilt the facility almost from the ground up. The center is expected to process, and divert from landfill, some 80,000 tires per year — the equivalent of Cox’s annual tire disposal. 24