CRC Innovations and Ameresco Announce Over $200 Million Contract to Promote Energy Savings and Capital Improvements at Three Army Locations
CRC Innovations and Ameresco (NYSE: AMRC) have secured an over $200 million Energy Saving Performance Contract (ESPC) to implement capital improvements at U.S. Army military housing across three locations: Fort Bragg, N.C.; Fort Meade, Md.; and Fort Sill, Okla.
The project will modernize 5,000 homes, impacting over 15,000 residents, and is projected to reduce annual electrical consumption by 40% and natural gas consumption by 50%. Key improvements include installing ground source heat pumps, new electricity panels, and meters. The initiative is expected to generate $12.4 million in annual utility and operational cost savings, which will finance the improvements.
The communities, owned and operated by Corvias, will benefit from enhanced comfort, improved heating and cooling systems, and increased resiliency during extreme weather conditions.
CRC Innovations e Ameresco (NYSE: AMRC) hanno ottenuto un contratto per il risparmio energetico (ESPC) del valore di oltre 200 milioni di dollari per implementare miglioramenti infrastrutturali nelle abitazioni militari dell'esercito statunitense in tre località: Fort Bragg, N.C.; Fort Meade, Md.; e Fort Sill, Okla.
Il progetto modernizzerà 5.000 abitazioni, impattando oltre 15.000 residenti, e si prevede che ridurrà il consumo elettrico annuale del 40% e il consumo di gas naturale del 50%. I miglioramenti chiave includono l'installazione di pompe di calore geotermiche, nuovi pannelli elettrici e contatori. L'iniziativa dovrebbe generare 12,4 milioni di dollari di risparmi annuali sui costi energetici e operativi, che finanzieranno i miglioramenti.
Le comunità, di proprietà e gestite da Corvias, beneficeranno di un comfort migliorato, sistemi di riscaldamento e raffreddamento più efficienti e una maggiore resilienza durante condizioni meteorologiche estreme.
CRC Innovations y Ameresco (NYSE: AMRC) han asegurado un contrato de rendimiento energético (ESPC) de más de 200 millones de dólares para implementar mejoras de capital en las viviendas militares del ejército de EE. UU. en tres ubicaciones: Fort Bragg, N.C.; Fort Meade, Md.; y Fort Sill, Okla.
El proyecto modernizará 5,000 hogares, impactando a más de 15,000 residentes, y se proyecta que reducirá el consumo eléctrico anual en un 40% y el consumo de gas natural en un 50%. Las mejoras clave incluyen la instalación de bombas de calor geotérmicas, nuevos paneles eléctricos y medidores. Se espera que la iniciativa genere 12.4 millones de dólares en ahorros anuales en costos de servicios públicos y operativos, que financiarán las mejoras.
Las comunidades, de propiedad y operación de Corvias, se beneficiarán de un mayor confort, sistemas de calefacción y refrigeración mejorados, y una mayor resiliencia durante condiciones climáticas extremas.
CRC Innovations와 Ameresco (NYSE: AMRC)가 미군 군사 주택의 자본 개선을 시행하기 위해 2억 달러 이상의 에너지 절약 성과 계약(ESPC)을 체결했습니다. 이 계약은 세 곳에서 진행됩니다: Fort Bragg, N.C.; Fort Meade, Md.; 그리고 Fort Sill, Okla.
이 프로젝트는 5,000채의 주택을 현대화하여 15,000명 이상의 주민에게 영향을 미치며, 연간 전기 소비를 40% 줄이고, 천연 가스 소비를 50% 줄일 것으로 예상됩니다. 주요 개선 사항으로는 지열 히트펌프 설치, 새로운 전기 패널 및 계량기 설치가 포함됩니다. 이 이니셔티브는 연간 1,240만 달러의 유틸리티 및 운영 비용 절감 효과를 창출할 것으로 기대되며, 이는 개선 비용을 충당하는 데 사용될 것입니다.
Corvias가 소유하고 운영하는 이 커뮤니티는 향상된 편안함, 개선된 난방 및 냉방 시스템, 그리고 극한 기상 조건에서의 회복력 증가 혜택을 누릴 것입니다.
CRC Innovations et Ameresco (NYSE: AMRC) ont sécurisé un contrat de performance énergétique (ESPC) de plus de 200 millions de dollars pour mettre en œuvre des améliorations d'infrastructure dans les logements militaires de l'armée américaine dans trois endroits : Fort Bragg, N.C.; Fort Meade, Md.; et Fort Sill, Okla.
Le projet modernisera 5 000 maisons, touchant plus de 15 000 résidents, et devrait réduire la consommation électrique annuelle de 40% et la consommation de gaz naturel de 50%. Les améliorations clés comprennent l'installation de pompes à chaleur géothermiques, de nouveaux panneaux électriques et de compteurs. L'initiative devrait générer 12,4 millions de dollars d'économies annuelles sur les coûts de services publics et d'exploitation, qui financeront les améliorations.
Les communautés, détenues et exploitées par Corvias, bénéficieront d'un meilleur confort, de systèmes de chauffage et de climatisation améliorés, et d'une plus grande résilience lors de conditions météorologiques extrêmes.
CRC Innovations und Ameresco (NYSE: AMRC) haben einen über 200 Millionen US-Dollar schweren Energiesparvertrag (ESPC) gesichert, um Kapitalverbesserungen in den Militärwohnungen der US-Armee an drei Standorten durchzuführen: Fort Bragg, N.C.; Fort Meade, Md.; und Fort Sill, Okla.
Das Projekt wird 5.000 Wohnungen modernisieren, was über 15.000 Bewohner betrifft, und es wird prognostiziert, dass der jährliche Stromverbrauch um 40% und der Erdgasverbrauch um 50% gesenkt wird. Zu den wichtigsten Verbesserungen gehören die Installation von Erdwärme-Pumpen, neuen Elektrizitätsverteilern und Zählern. Es wird erwartet, dass die Initiative 12,4 Millionen US-Dollar an jährlichen Einsparungen bei den Versorgungs- und Betriebskosten generiert, die zur Finanzierung der Verbesserungen verwendet werden.
Die von Corvias betriebenen und besessenen Gemeinschaften profitieren von erhöhtem Komfort, verbesserten Heiz- und Kühlsystemen sowie einer höheren Widerstandsfähigkeit bei extremen Wetterbedingungen.
- Secured major $200 million ESPC contract for military housing improvements
- Project expected to generate $12.4 million in annual cost savings
- Significant energy reduction targets: 40% electrical and 50% natural gas consumption
- None.
Insights
This $200+ million ESPC represents a significant win for Ameresco, strengthening its position in the lucrative federal infrastructure modernization market. The contract's structure is particularly noteworthy - it's self-funding through guaranteed energy savings, effectively eliminating upfront costs for the military while providing Ameresco with predictable long-term revenue streams.
The projected $12.4 million in annual utility and operational cost savings is substantial, representing approximately 6% return on investment. This efficiency level is impressive for infrastructure projects of this scale and demonstrates Ameresco's expertise in delivering high-impact energy solutions. The implementation of ground source heat pumps manufactured in Oklahoma also shows strategic supply chain management, potentially reducing logistics costs and strengthening domestic manufacturing relationships.
The project's scope - covering 5,000 military homes across three major bases - positions Ameresco favorably for future military housing contracts. The Department of Defense manages approximately 200,000 military family housing units domestically, suggesting significant potential for similar projects. The successful execution of this contract could lead to additional opportunities within this vast market.
Key competitive advantages emerge from this contract:
- Demonstrated capability to handle large-scale, multi-site federal projects
- Proven expertise in implementing advanced energy-saving technologies
- Strong partnerships with key military infrastructure stakeholders
- Enhanced positioning for future federal energy efficiency initiatives
The projected 40% reduction in electrical consumption and 50% in natural gas usage sets new benchmarks for military infrastructure efficiency. These improvements align with federal sustainability goals while enhancing military readiness through infrastructure resilience - a critical factor in securing future contracts.
5,000 military homes to benefit from infrastructure resiliency efforts
Strengthening military homes through resilient infrastructure. (Photo: Business Wire)
This multi-site project is expected to provide quality-of-life improvements for service members and their families, while also reducing annual electrical consumption by
"CRC is honored to enable efficiency technologies that support service members and their families and provide a clear path to meeting the readiness and resiliency goals of the Army,” said Pablo Varela, CRC Innovations Executive Vice President. “We take pride in knowing that our efforts directly impact the well-being of service members and their families and contribute to military readiness."
The high impact energy measures include replacing existing HVAC units with sustainable, renewable energy-sourced systems using ground source heat pumps manufactured in
“This project will not only improve on-post living conditions, but also serve as a model for energy efficiency and resiliency in government facilities across the U.S.,” said Nicole Bulgarino, President of Federal Solutions and Utility Infrastructure at Ameresco. “By upgrading all heating and cooling equipment to high-efficiency geothermal systems, we are enhancing comfort and achieving significant energy savings for
The joint effort is expected to provide more than
For additional information CRC, visit https://www.crcinnovations.com/
For additional information on Ameresco and its energy performance contracting, visit www.ameresco.com/espc-energy-savings-performance-contract/
About CRC Innovations
CRC Innovations is focused on transforming mission critical energy infrastructure. We collaborate to strengthen community resilience through innovative solutions spanning energy efficiency, renewable generation, distribution, and storage. Our distinctive approach modernizes core infrastructure by unlocking alternative funding and reducing risk for military housing communities, the Department of Defense, and utility partners. By leveraging cutting-edge technology, we create future proof energy ecosystems that enhance mission capabilities and ensure security. Our commitment is to be a trusted resilience partner, delivering customized solutions that create enduring value and improve quality of life. For more information, visit www.crcinnovations.com.
About Ameresco, Inc.
Founded in 2000, Ameresco, Inc. (NYSE:AMRC) is a leading energy solutions provider dedicated to helping customers reduce costs, enhance resilience, and decarbonize to net zero in the global energy transition. Our comprehensive portfolio includes implementing smart energy efficiency solutions, upgrading aging infrastructure, and developing, constructing, and operating distributed energy resources. As a trusted full-service partner, Ameresco shows the way by reducing energy use and delivering diversified generation solutions to Federal, state and local governments, utilities, educational and healthcare institutions, housing authorities, and commercial and industrial customers. Headquartered in
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 Ameresco’s overall revenue for any particular period or of trends in Ameresco’s overall total project backlog. This project was included in Ameresco’s previously reported contracted backlog as of September 30, 2024.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250220235738/en/
Media
CRC Innovations: info@crcinnovations.com
Ameresco: Leila Dillon, 508-661-2264, news@ameresco.com
Source: Ameresco, Inc.
FAQ
What is the value of Ameresco's (AMRC) new military housing contract?
How many military homes will benefit from Ameresco's (AMRC) energy savings project?
What energy savings will Ameresco's (AMRC) military housing project achieve?
How much annual cost savings will Ameresco's (AMRC) military housing improvements generate?
Which military bases are included in Ameresco's (AMRC) new energy contract?
