SAN FRANCISCO, CA--(Marketwired - January 12, 2016) - Blue Earth, Inc. (NASDAQ: BBLU) a customer centric clean energy provider, and Lockheed Martin have partnered to deliver a Combined Heat and Power Project and Energy Savings Measures for Brooklyn United Methodist Church Home, located in Brooklyn, New York. The project is expected to significantly reduce the Home's energy use and recurring costs through full lighting upgrades, replacement of existing heating and cooling units, installation of a larger Stand-by Generator, domestic boiler upgrades and the new combined heat and power unit.
Blue Earth will provide services related to the construction of the project and have the operations and maintenance contract on the facility.
"Blue Earth is excited about the opportunity to work with Brooklyn United Methodist Church Home and Lockheed Martin on this innovative project," stated Bob Powell, CEO of Blue Earth, Inc. "This project, along with other projects in the works in the New York region, shows our customer focused vision provides a sustainable, long-term business model to rapidly grow our business."
Lockheed Martin will manage the design, procurement, construction, and maintenance phases of the project, as well as perform the economic modeling to support the project finance activities.
"Lockheed Martin brings unique systems integration and engineering expertise that is helping organizations around the world improve their energy efficiency, and we look forward to delivering on this project," said Frank Armijo, Vice President of Lockheed Martin Energy. "We are committed to helping businesses and organizations implement innovative ways to save energy now and into the future."
Lockheed Martin Energy is a line of business within Lockheed Martin that delivers comprehensive solutions across the energy industry to include utility and smart grid solutions, energy efficiency, energy storage, nuclear systems and solutions, ocean energy technology and bio energy generation.
About Lockheed Martin
Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that -- with the addition of Sikorsky -- employs approximately 126,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.
About BBLU
BBLU is engaged in the clean technology industry with a primary focus in alternative/renewable power generation sectors. We strive to participate in the global movement for a sustainable planet by offering products and services that will optimize energy use, reduce harmful environmental emissions and materially reduce energy costs to our customers. For more information about Blue Earth Inc., please visit www.blueearthinc.com.
Forward Looking Statements
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