Intel invests US$1mn in its first green building in the country

- Thursday, June 9, 2011

Intel invests US$1mn in its first green building in the country

US chip manufacturer Intel (NYSE: INTC) invested US$1mn to build its first green facility located in Costa Rica's Heredia department, the company said in a statement.

Almost 50% of the energy used in the 600m2 center is generated from eco-friendly sources such as solar energy. In addition, the building has systems to save up to 44% of the water used compared to conventional designs. Currently, the center is in the process of obtaining LEED certification.

According to Steve Long, Intel's general manager for Latin America, the company has committed to implementing environmental practices. In Costa Rica, for example, Intel recycles 74% of the solid waste produced at its local factory, and the goal is to reach 80% by 2012.

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Although this new center is Intel's first building in Costa Rica with a 100% sustainable design, the other facilities the company has in Heredia also meet green standards. These characteristics allowed the company to save US$500,000 in 2010.

Since 2001, the firm has invested more than US$45mn and completed some 1,500 projects worldwide to improve energy efficiency and resources conservation.

In the same vein, Intel Capital, the company's global investment arm, has invested more than US$150mn in about 20 clean technology companies.