ESPC

Ameresco Expands Higher Education Presence and Partners With Tarleton State University

Retrieved on: 
Wednesday, August 25, 2021

(Photo: Business Wire)

Key Points: 
  • (Photo: Business Wire)
    Planned improvements at Tarleton State University include light-emitting diode (LED) lighting retrofits and replacements, water fixture improvements, controls and instrumentation improvements and HVAC lifecycle replacements.
  • In addition to its work with Tarleton State University, Ameresco has previously implemented nine other projects with five Texas-based universities, all part of the Texas A&M University System.
  • Implementing solutions that enhance university infrastructure is always incredibly fulfilling work, said Robert Georgeoff, Executive Vice President, Ameresco.
  • Tarleton State University is located in the Heart of Stephenville and has several outreach programs that give the community a special, close-knit feeling.

Fort Benning Expands Work With Honeywell To Improve Energy Resilience

Retrieved on: 
Tuesday, August 3, 2021

ATLANTA, Aug. 3, 2021 /PRNewswire/ -- Honeywell (NASDAQ: HON) announced today the next phase of a modernization project with Fort Benning, a U.S. Army post located on the border of Alabama and Georgia, to improve energy resilience and create a more comfortable living and working environment for Fort Benning soldiers, employees and tenants.

Key Points: 
  • ATLANTA, Aug. 3, 2021 /PRNewswire/ -- Honeywell (NASDAQ: HON) announced today the next phase of a modernization project with Fort Benning, a U.S. Army post located on the border of Alabama and Georgia, to improve energy resilience and create a more comfortable living and working environment for Fort Benning soldiers, employees and tenants.
  • The $23 million project will help significantly reduce energy consumption on the base and generate $1.4 million in annual energy savings.
  • The U.S. Department of Defense defines energy resilience as the ability to prepare for and recover from energy disruptions that impact mission assurance on military installations.
  • The project represents the next phase of a 25-year energy savings performance contract (ESPC) awarded to Honeywell in 2019 by Fort Benning, with a total project value of $43 million.

United States Air Force Begins Construction on $403 Million Energy Savings Performance Contract with Schneider Electric to Enhance Mission Readiness at Yokota Air Base

Retrieved on: 
Thursday, January 14, 2021

This massive project is funded with energy savings guaranteed by Schneider Electric over the 25-year contract term.

Key Points: 
  • This massive project is funded with energy savings guaranteed by Schneider Electric over the 25-year contract term.
  • This ESPC expands an existing partnership between Schneider Electric and the Air Force, representing the fourth performance contract between the two entities in the past four years.
  • This strategic project is being implemented via an Energy Savings Performance Contract (ESPC), a finance contracting mechanism that secures funding without capital outlay from the Air Force.
  • Yearly energy costs for the Air Force are upwards of $8 billion, with nearly $880 million spent on facilities.

Balfour Beatty Communities and ENGIE Launch $12 Million Army Housing Energy Efficiency Project

Retrieved on: 
Wednesday, November 18, 2020

The project will deliver turnkey energy efficiency improvements through a self-funding Energy Savings Performance Contract (ESPC).

Key Points: 
  • The project will deliver turnkey energy efficiency improvements through a self-funding Energy Savings Performance Contract (ESPC).
  • Lt. Gen. Doug Gabram, Commanding General of U.S. Army Installation Management Command, along with leaders at all levels of the Army are working with Balfour Beatty Communities to provide safe and quality housing for Soldiers and their families.
  • Fort Eustis Family Homes / Fort Story Family Homes is a partnership between Balfour Beatty Communities and the U.S. Army under the Military Housing Privatization Initiative.
  • Balfour Beatty Communities is an active owner and operator of residential real estate in the multifamily, student, and military housing sectors across the United States.

Energy Savings to Pay for Upgrade of Over 7,000 Street Lights in Medford

Retrieved on: 
Tuesday, October 27, 2020

Medfords Transportation Manager, Karl MacNair, says completing this upgrade through an Energy Savings Performance Contract (ESPC) will allow the City to fund the project with energy savings over the term of the contract.

Key Points: 
  • Medfords Transportation Manager, Karl MacNair, says completing this upgrade through an Energy Savings Performance Contract (ESPC) will allow the City to fund the project with energy savings over the term of the contract.
  • LED fixtures not only consume less energy, but they last four times longer than our current high-pressure sodium (HPS) lights.
  • The lighting conversion will save taxpayers money in energy costs and contribute to reducing the Citys carbon emissions, MacNair said.
  • All city and utility-owned street lights will be converted, as well as additional park and parking lot locations.

Ameresco and Grants Pass School District to Complete Energy Efficiency Upgrades

Retrieved on: 
Monday, October 26, 2020

Ameresco , Inc. (NYSE:AMRC), a leading energy efficiency and renewable energy company, and Grants Pass School District 7 announced that they have entered into an Energy Savings Performance Contract (ESPC) to implement upgrades at thirteen locations across the district.

Key Points: 
  • Ameresco , Inc. (NYSE:AMRC), a leading energy efficiency and renewable energy company, and Grants Pass School District 7 announced that they have entered into an Energy Savings Performance Contract (ESPC) to implement upgrades at thirteen locations across the district.
  • Securing a low-interest financing rate has motivated Grants Pass to complete lighting, HVAC, and building envelope upgrades across the district.
  • Utilizing an ESPC and third-party financing, the district can complete upgrades and pay for them over time, aided by utility incentives and reimbursement programs, as well as energy savings.
  • Founded in 2000, Ameresco, Inc. (NYSE:AMRC) is a leading independent provider of comprehensive services, energy efficiency, infrastructure upgrades, asset sustainability and renewable energy solutions for businesses and organizations.

GreenGen Awarded U.S. Army Corps of Engineers MATOC

Retrieved on: 
Tuesday, July 7, 2020

Green Generation ( GreenGen ), a global provider of energy efficiency solutions, announced today that it has been awarded a Indefinite Delivery/Indefinite Quantity (IDIQ) Energy Savings Performance Contracting (ESPC) Multiple Award Task Order Contract (MATOC) from the U.S. Army Corps of Engineers, Engineering and Support Center in Huntsville, Alabama.

Key Points: 
  • Green Generation ( GreenGen ), a global provider of energy efficiency solutions, announced today that it has been awarded a Indefinite Delivery/Indefinite Quantity (IDIQ) Energy Savings Performance Contracting (ESPC) Multiple Award Task Order Contract (MATOC) from the U.S. Army Corps of Engineers, Engineering and Support Center in Huntsville, Alabama.
  • GreenGen is looking forward to providing value to the Army Corps of Engineers, which we have been successfully doing in the commercial real estate industry for the last nine years, says Brad Dockser, chief executive officer of GreenGen.
  • We are proud that the Army Corps of Engineers is making a commitment to meet energy and sustainability goals, and the entire GreenGen team is honored to be part of this process.
  • By fronting capital costs, the contract allows the Army to prioritize projects that support readiness and focus on modernization and reform.

Ameresco Helps Silver Falls School District Save $87,000 Annually Through Energy Conservation Upgrades

Retrieved on: 
Monday, October 21, 2019

Ameresco , Inc. (NYSE: AMRC), a leading energy efficiency and renewable energy company, and Silver Falls School District announced today that they have partnered on a $1.8 million Energy Savings Performance Contract (ESPC).

Key Points: 
  • Ameresco , Inc. (NYSE: AMRC), a leading energy efficiency and renewable energy company, and Silver Falls School District announced today that they have partnered on a $1.8 million Energy Savings Performance Contract (ESPC).
  • This project will improve the interior and exterior lighting at 13 district schools, the District office and its bus depot.
  • We appreciate Amerescos diligence in auditing our facilities and creating a project that best suits our District, said Lorin Stanley, Maintenance and Facility Director for Silver Falls School District.
  • We look forward to helping the Silver Falls School District by significantly reducing its energy use and associated costs for lighting by replacing existing lights with long-lasting LEDs.

Texas A&M University-Corpus Christi Nears Project Completion with Ameresco to Lead Campus-Wide Energy Conservation Efforts

Retrieved on: 
Tuesday, June 25, 2019

Ameresco, Inc. , (NYSE: AMRC), a leading energy efficiency and renewable energy company, today announced that Texas A&M University-Corpus Christi selected the company to lead a $6.9M energy savings performance contract (ESPC) project in 2016 which is nearing completion and will significantly reduce energy demands and improve infrastructure reliability.

Key Points: 
  • Ameresco, Inc. , (NYSE: AMRC), a leading energy efficiency and renewable energy company, today announced that Texas A&M University-Corpus Christi selected the company to lead a $6.9M energy savings performance contract (ESPC) project in 2016 which is nearing completion and will significantly reduce energy demands and improve infrastructure reliability.
  • The ESPC energy conservation measures for the project include central plant optimization, chiller replacement, demand response, building automation and the installation of irrigation controllers.
  • Amerescos sustainability services include upgrades to a facilitys energy infrastructure and the development, construction and operation of renewable energy plants.
  • Texas A&M-Corpus Christi is one of only seven federal test sites for unmanned aircraft systems (UAS) in the nation.

Keesler Air Force Base to Boost Resiliency with $32.7 Million NORESCO Energy Savings Performance Contract

Retrieved on: 
Monday, April 29, 2019

WESTBOROUGH, Mass., April 29, 2019 /PRNewswire/ -- NORESCO , a national leader in energy efficiency and infrastructure solutions, is implementing self-funding facility improvements at Keesler Air Force Base (AFB) through a $32.7 million guaranteed energy savings performance contract (ESPC).

Key Points: 
  • WESTBOROUGH, Mass., April 29, 2019 /PRNewswire/ -- NORESCO , a national leader in energy efficiency and infrastructure solutions, is implementing self-funding facility improvements at Keesler Air Force Base (AFB) through a $32.7 million guaranteed energy savings performance contract (ESPC).
  • The project, contracted through DLA Energy and in collaboration with the Air Force Civil Engineer Center, will help the base advance resiliency, security and renewable energy usage while reducing deferred maintenance and energy costs.
  • "NORESCO has implemented 22 ESPC projects with the Air Force, starting with our first Air Force project completed in 1998."
  • NORESCO has guaranteed more than $3 billion in energy and operating cost savings at more than 7,000 facilities throughout the U.S. and abroad.