Ameresco to Build 2.5 Megawatt Solar System at U.S. Drug Enforcement Administration El Paso Intelligence Center
November 27 2017 - 10:56AM
Business Wire
The renewable energy and energy efficiency
project also includes interior and exterior LED lighting
upgrades
Ameresco, Inc., (NYSE:AMRC), a leading energy efficiency and
energy infrastructure company, today announced the U.S. Drug
Enforcement Administration (DEA) has entered into a contract with
Ameresco to build a 2.47 megawatt solar energy system at the El
Paso Intelligence Center located on Fort Bliss in El Paso, Texas.
The Energy Saving Performance Contract (ESPC) was awarded to
Ameresco under the ESPC ENABLE program.
“Ameresco applauds the partnership of the El Paso Intelligence
Center and the DEA in contracting this onsite solar asset,” said
Nicole A. Bulgarino, Executive Vice President and General Manager,
Federal Solutions, Ameresco. “Together, we have successfully
executed an innovative project delivery model to construct this
solar PV system.”
The ESPC ENABLE program offers a streamlined process for small
federal agency projects to leverage third-party financed energy
technologies in six months or less. The contract with Ameresco is
also uniquely structured to capture the financial benefits of the
solar investment tax credit through an energy sales agreement
within the traditional ESPC. Ameresco will finance, build, own and
operate the solar system for a period of 20 years under the
contract.
The 2.47 megawatt system will be comprised of two ground-mount
solar PV systems on the site of the El Paso Intelligence Center.
The site will benefit from reduced electricity costs, long-term
electric pricing stability, and reduced carbon emissions of more
than 3,400 metric tons annually. Overall, the ESPC is expected to
achieve more than $9.2 million in energy cost savings.
Ameresco will also convert more than 1,400 interior and exterior
lighting fixtures to high-efficiency LEDs. The longer life LEDs
will reduce maintenance and replacement costs while providing
high-quality illumination and individual office dimming
control.
The project will be DEA's first renewable energy system and
first ESPC that will advance agency expertise in renewable energy
system installation and integration that can be used by other
government facilities. The U.S. Department of Energy's Federal
Energy Management Program (FEMP) has provided technical support for
project development, including grant funding through the Assisting
Federal Facilities with Energy Conservation Technologies (AFFECT)
program.
Ameresco was competitively selected by DEA in February of 2017
to develop the project and was awarded the contract in September of
this same year. The project is currently in construction and is
expected to be operational by fall of 2018. The building will
remain fully-occupied during construction and with regular
operations.
About Ameresco, Inc.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 throughout North America and Europe. Ameresco’s
sustainability services include upgrades to a facility’s energy
infrastructure and the development, construction and operation of
renewable energy plants. Ameresco has successfully completed energy
saving, environmentally responsible projects with Federal, state
and local governments, healthcare and educational institutions,
housing authorities, and commercial and industrial customers. With
its corporate headquarters in Framingham, MA, Ameresco has more
than 1,000 employees providing local expertise in the United
States, Canada, and the United Kingdom. For more information, visit
www.ameresco.com.
The announcement of a customer’s entry into a project contract
is not necessarily indicative of the timing or amount of revenue
from such contract, of the company’s overall revenue for any
particular period or of trends in the company’s overall total
construction backlog. This project was reported in assets in
development as of September 30.
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version on businesswire.com: http://www.businesswire.com/news/home/20171127005656/en/
AmerescoCarolAnn Hibbard,
508-661-2264news@ameresco.com
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