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 October 15, 2015 - 9:00 AM EDT
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Ameresco Enters into Energy Savings Performance Contract with U.S. Army Garrison Fort Hamilton New York

Project will provide for facility-wide energy conservation and 1.16 megawatts of new solar photovoltaic systems to be installed at the garrison located in Brooklyn

Ameresco, Inc. (NYSE: AMRC), a leading energy efficiency and renewable energy company, announced today the Defense Logistics Agency Energy, on behalf of the United States Army Garrison Fort Hamilton, has entered into an Energy Savings Performance Contract (ESPC) with Ameresco for solar photovoltaic, water conservation and energy efficiency upgrades. The contract, valued at $16.7 million, is designed to provide for facility-wide energy conservation measures, including 1.16 megawatts of new solar photovoltaic systems on carports and rooftops at the military base located in New York City.

“Ameresco is proud to serve this active-duty military base in New York City by providing holistic energy upgrades that will enhance their day-to-day operations and provide for renewable energy,” said Nicole A. Bulgarino, Senior Vice President, Federal Solutions, Ameresco. “Through this project, Fort Hamilton will help support the Army’s energy efficiency and renewable energy goals from this historic and important garrison located in Brooklyn.”

The budget-neutral ESPC will address 32 buildings spanning 580,000 gross square feet. Ameresco will implement nine energy conservation measures, including the installation of new high-efficiency natural gas condensing boilers for heating and associated equipment. The new boilers will replace the existing boiler systems that currently utilize fuel oil. In addition, Ameresco will install a 350 kilowatt rooftop solar system and three solar carports exceeding a combined 800 kilowatts.

The ESPC will also provide for comprehensive upgrades to air-handlers for cooling and ventilation, LED lighting upgrades, new high-efficiency transformers and the installation of a new open-protocol building automation system to control all HVAC equipment. Ameresco is also improving the building envelope of a historic building at the garrison constructed in 1857. The scope for this 47,000 foot building, known as the Community Club, includes installation of a double pane retro-fit system to the existing windows as well as heating, ventilation and cooling (HVAC) upgrades, advanced digital controls and high efficiency boiler improvements.

Combined, the energy conservation measures are designed to reduce the total energy consumption at Fort Hamilton by 37 percent. The project will also provide for water conservation, fixture upgrades and new controllers for the automated irrigation system for the base’s baseball field, which will schedule and optimize the field’s irrigation. Ameresco is also implementing a rainwater harvesting system that will collect rooftop rainwater that will then be utilized for the washing of garrison vehicles.

Ameresco will provide ongoing maintenance services to Fort Hamilton for the new solar systems and the building controls systems installed under the ESPC.

About The United States Army Garrison Fort Hamilton

The United States Army Garrison Fort Hamilton is a National Historic Landmark and has nearly 200 years of service and is the only active military base in the City of New York. The garrison is under the joint command of the Installation Management Command and the Military District of Washington. The garrison supports tenant organizations including Army Reserve and National Guard units, the New York Military Entrance Processing Station, the New York City Recruiting Battalion and the Army Corps of Engineers, North Atlantic Division. Fort Hamilton also provides housing for military families and essential services for more than 50,000 active, reserve and retired military personnel and their families.

About Ameresco

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 our awarded backlog as of June 30, 2015 and will be included in our fully contracted backlog as of September 30, 2015.

Ameresco, Inc.
CarolAnn Hibbard, 508-661-2264
news@ameresco.com


Source: Business Wire (October 15, 2015 - 9:00 AM EDT)

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