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Ameresco Completes First Phase Of Energy Savings Program With NASA Wallops Flight Facility

Stocks in this article: AMRC

Ameresco, Inc. (NYSE:AMRC), a leading energy efficiency and renewable energy company, today announced the completion of the first phase of a $28 million energy savings project with NASA Goddard Space Flight Center’s Wallops Flight Facility, located on Virginia’s eastern shore. The Wallops Flight Facility is NASA’s principal facility for the management and implementation of suborbital research programs. As part of the $15 million first phase of the facility-wide project, Ameresco installed high efficiency lighting, decentralized an antiquated steam plant by installing a propane distribution system with over 60 building-level condensing boilers, and upgraded and expanded an existing energy management control system (EMCS).

Performed under the Department of Energy (DOE) Energy Savings Performance Contract (ESPC) Program, which is under one of Ameresco’s federal indefinite delivery/indefinite quantity (IDIQ) contracting vehicles, the first phase is projected to reduce energy intensity by 35 percent. To support the Wallops Mission Plan and NASA’s overall effort to reduce energy consumption and improve aging infrastructure, Ameresco is currently engaged in building and deploying a $13 million second phase to the energy savings project. The scope includes a geothermal energy efficiency project at the site that is projected for completion in 2013.

“The energy savings performance contract with Ameresco brought major improvements to Wallops Flight Facility,” said Philip Smith, Energy Manager for the Wallops Flight Facility. “Financed entirely by energy conservation, the project has additional side-benefits in operations and maintenance cost savings, air emissions reduction, fuel tank compliance, and water conservation savings. This effort will single-handedly satisfy Wallops’ federal energy reduction requirements beyond the horizon of all existing legislation and it contributes significantly to help to refresh aging infrastructure.”

During the first phase of the energy savings program, Ameresco worked with Wallops to replace the central plant fuel-oil fired boilers with high-efficiency, propane-fired condensing boilers while installing over five miles of new underground propane gas piping. As part of the ESPC, more than 9,950 interior and exterior lighting fixtures were replaced with higher efficiency units and technologies. Ameresco also upgraded and expanded the existing energy management control system in 14 buildings and interconnected newly installed gas meters to the EMCS.

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