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TheStreet Open House

ABM Helps University Go Green And Save Over $35.8 Million

ABM (NYSE:ABM), a leading provider of facility solutions, announced its ABM Building Solutions service line has been selected by Wright State University to complete a campus-wide energy conservation project through ABM’s Bundled Energy Solutions (BES) program to lower the university’s energy consumption by nearly 40 percent. The project, which began earlier this month, includes major enhancements to Wright State’s heating and cooling equipment, replacing light fixtures with cost effective LED lighting, and utilizing the university’s pond for geothermal cooling. Over the next 15 years, these enhancements are expected to save Wright State $35.8 million.

ABM’s BES program is designed as a financial solution to meet clients’ technical facility needs. ABM’s goal is to drive costs out of a client’s operating budget to allow savings to be reallocated to fund other facility enhancements.

“This is our second energy project with ABM and it will enable the university to continue to concentrate on current and future maintenance needs, while taking another huge step forward in our energy stewardship,” said Mark M. Polatajko, Vice President of Business and Fiscal Affairs at Wright State University. “This is a game-changer for us in terms of sustainability.”

The energy efficiency upgrades span the university’s 557-acre campus, including 25 academic buildings, 26 student residential buildings, and a world-class entertainment and athletics venue – the Wright State University Nutter Center. Principal upgrades include: eliminating 30 pieces of equipment into one consolidated boiler and chiller system, considerably reducing maintenance costs; retrofitting exterior lights with LED and Induction lighting, cutting lighting energy consumption nearly in half; and installing pressure independent control valves, dramatically reducing energy costs and HVAC performance issues.

Additionally, Wright State asked ABM to advise a solution that would add affordable cooling to the Nutter Center throughout the year. After exploring several options, ABM determined it could use a pond near the Nutter Center as a geothermal cooling system. By adding a heat exchanger in the pond that is equivalent to a 300-ton chiller, the center will have free cooling all winter or until outside air temperatures reach about 80 degrees.

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