ESPC with Ameresco provides facility upgrades and allows the City to address long-term infrastructure needs -- paying for them through savings.
FRAMINGHAM, MA and BATTLE CREEK, MI – April 23, 2014 – Ameresco, Inc., (NYSE:AMRC), a leading energy efficiency and renewable energy company, announced today the nearly $2.7 million City of Battle Creek Kellogg Arena facility energy savings performance contract (ESPC) project is underway. The project is designed to improve energy efficiency at the City’s Kellogg Arena and provide necessary infrastructure improvements. It is expected to be completed this fall.
“Ameresco recently completed the City of Battle Creek’s energy savings project at Full Blast Recreation Department, and we are confident that Ameresco will deliver the same quality of service, value, comprehensive approach and efficient results for the Kellogg Arena,” said Ted Dearing, General Manager, Battle Creek’s Kellogg Arena. “The City continues to take a proactive stance in reducing energy consumption and we feel by partnering with Ameresco, we can upgrade our facilities and also utilize taxpayer dollars in the most efficient, effective and environmentally responsible way.”
Some of the upgrades and energy conservation measures underway include: replacing the roof, renovating and replacing seats (bleacher mechanism replacement), LED exterior lighting retrofit, instituting water conservation measures, enhancing building envelop and replacing windows. These improvements are expected to enhance the comfort for the Arena guests. These measures were also designed to increase the efficient use of energy in the facility and to decrease the building’s emissions and carbon footprint.
”We are honored to continue our partnership with the City with an ESPC to enhance another important venue in downtown Battle Creek,” said Louis P. Maltezos, Executive Vice President, Ameresco. “Ameresco recently completed the Full Blast project delivering ongoing energy efficiency at the Center and significant financial, comfort and environmental benefits for the community. We expect to do the same for the Kellogg Arena, developing an efficiency project that improves the Arena’s infrastructure.”
Ameresco has a long history of partnering with communities across North America to improve energy infrastructure and install renewable energy technologies. Ameresco’s pioneering of the ESPC financing model has made the budget-neutral solution an increasingly popular option for customers, by providing energy efficiency upgrades using a guaranteed savings approach. Ameresco coordinates the upfront project costs and the customer repays that investment with their energy savings over time.
About the Kellogg Arena
Located near the heart of downtown Battle Creek at One McCamly Square, the
Kellogg Arena offers something for everyone. Consisting of over 30,000 square feet, the Kellogg Arena proves to be flexible space, able to accommodate a variety of events: from sporting events to concerts, trade shows to meetings. The combination of small town hospitality mixed with big city capabilities provides the opportunity for events the whole family can enjoy. For more information, visit http://www.kelloggarena.com/.
About City of Battle Creek
Known as “Cereal City,” Battle Creek is located in Calhoun County off I-94 between Chicago and Detroit. Battle Creek has a proud history and promising future of providing the world’s leading food brands, research and training. The City is home to Kellogg Company’s world headquarters, the W.K. Kellogg Foundation, and the International Food Protection Training Institute. Battle Creek has many other major corporate members including Post Cereals, Ralcorp, Denso, II Stanley, and Duncan Aviation. Downtown Battle Creek is undergoing a revitalization effort to accommodate food science and other innovation industries. Battle Creek’s Air National Guard Base, commercial airport and industrial park contribute to a diversified local economy that attracts worldwide businesses for military, aviation, aerospace and alternative energy. For more information, visit http://www.battlecreekmi.gov/.
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 facilities throughout North America. Ameresco’s 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 provides local expertise through its 70 offices in 33 states, five Canadian provinces and the United Kingdom. Ameresco has more than 900 employees. For more information, visit www.ameresco.com.
The announcement of a customer’s entry into or commencement of 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.
Ameresco: CarolAnn Hibbard, (508) 661-2264, email@example.com
Battle Creek Kellogg Arena: Ted Dearing, General Manager, (269) 788-1101, firstname.lastname@example.org
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