Iron Mountain Data Centers Cements Carbon-Free Leadership in India with New CleanMax Agreement
Mumbai, India, May 06, 2026 – Iron Mountain (NYSE: IRM) has entered into a long-term partnership with Clean Max Enviro Energy Solutions Limited (NSE: CLEANMAX | BSE: 544717) (“CleanMax”) to deliver solar and wind energy to the grid for its Mumbai, Pune, and Bangalore data centers.
The hybrid project, developed under a group captive model, will supply 32 million kWh of clean power annually for Iron Mountain’s data centers, increasing the renewable energy share of these facilities to up to 75%. By matching high-density IT loads with wind and solar, Iron Mountain is demonstrating progress towards its commitment to 24/7 Carbon-Free Energy (CFE) by 2040.
This partnership supports Iron Mountain’s proven Green Power Pass, allowing customers to take direct credit for the green energy procured for their infrastructure. By providing a transparent, auditable trail of renewable procurement, Iron Mountain enables customers to achieve their own ESG commitments for decarbonization. As AI and cloud demands surge, this approach ensures that digital growth in India is powered by smart, local energy solutions.
“Data centers are the engine of the AI revolution, and that engine must run on clean power,” said Rajesh Tapadia, CEO, Iron Mountain Data Centers, India. “By focusing on hybrid renewable sources across Maharashtra and Karnataka, we are securing a sustainable and stable clean power supply while providing our customers with verifiable green power. This collaboration with CleanMax proves that scaling at the speed of the digital economy goes hand-in-hand with a 24/7 carbon-free future.”
Mr. Kuldeep Jain, Managing Director, Clean Max Enviro Energy Solutions Limited, added: “Data centers are becoming a key driver of electricity demand, and powering this growth with renewable energy is essential for a sustainable digital economy. Our partnership with Iron Mountain reflects our commitment to enabling this transition with clean, reliable energy solutions.”
About Iron Mountain
Iron Mountain Incorporated (NYSE: IRM) is trusted by more than 240,000 customers in 61 countries, including approximately 95% of the Fortune 1000, to help unlock value and intelligence from their assets through services that transcend the physical and digital worlds. The company’s broad range of solutions address their information management, digital transformation, information security, data center and asset lifecycle management needs. Iron Mountain’s longstanding commitment to safety, security, sustainability and innovation in support of its customers underpins everything it does.
To learn more about Iron Mountain, please visit www.IronMountain.com.
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CleanMax Enviro Energy Solutions Limited
Clean Max Enviro Energy Solutions Limited (NSE: CLEANMAX | BSE: 544717) (“CleanMax”) is India’s largest pureplay Commercial & Industrial (“C&I”) renewable energy company with more than 15 years of operations.
CleanMax’s contracted RE Power Sales portfolio reached ~6.0 GW as of 30 June 2026 (Q1 FY 2027), with ~79% of new contracted capacity driven by existing customers, reflecting strong customer retention and long-term business visibility. The Company today serves ~600 customers across technology, digital infrastructure, manufacturing, and industrial sectors, with Data Centres & AI infrastructure customers contributing 42% of its contracted RE Power Sales portfolio. Its clientele includes global and Indian corporations such as Apple, Amazon, Google, Meta, Cisco, Equinix, BASF, Shell, CEAT, and STT GDC India, among others.
CleanMax has received a GRESB score of 100/100 with a 5-star rating and global sector leadership in renewable power generation.