Latest news with #EnergySavingPerformanceContract
Business Wire
21-04-2025
- Business
- Business Wire
Fort Sill Army Family Housing Set to Receive HVAC Upgrades
LAWTON, Okla.--(BUSINESS WIRE)--More than 1,700 military family homes at the U.S. Army's Fort Sill will receive modernized heating and cooling technology over the next three years as part of a Corvias improvement project at the installation. Corvias, a trusted infrastructure and resiliency partner to the U.S. military and higher education institutions, in collaboration with CRC Innovations, an integrated energy and infrastructure solutions pioneer, today began installing high-efficiency ground source heat pump (GSHP) technology manufactured in Oklahoma to the homes, replacing traditional HVAC systems. 'By working hand-in-hand with Corvias, we're making smart, future-focused improvements to Fort Sill's housing infrastructure,' said Col. Derek Baird, Fort Sill Garrison Commander. 'These geothermal upgrades reinforce our commitment to energy resilience and independence and the well-being of our residents.' The project is deployed without any upfront investment from the Army-Corvias partnership by leveraging an Energy Saving Performance Contract (ESPC) to provide capital improvements while reducing annual electrical consumption up to 40% and natural gas consumption up to 50%. 'This is a cost‐effective way to bring enhanced quality of life and comfort to our residents. The improvements allow for energy savings, predictive maintenance, and improved reliability and energy performance to ensure Army installation, service member and family readiness,' said Denise Hauck, Corvias DOD President. Fort Sill is one of three Army installations benefiting from this Corvias-led ESPC which will bring $200 million in capital improvements to U.S. Army military housing, including Fort Bragg, N.C. and Fort Meade, Md. Corvias previously started a $33 million ESPC project at Fort Johnson, La., expected to be completed later this year. 'Energy modernization efforts supporting our military installations harness the Corvias Solutions Through Partnership ® approach and serve as a platform for innovation, partnership and positive network effects,' said Hauck. 'It supports the Army in future-proofing infrastructure to meet tomorrow's demands.' About Corvias Corvias partners with the Department of Defense and higher education institutions to solve infrastructure and energy resiliency challenges and to create long-term, sustainable value through our unique Solutions Through Partnerships ® approach. Corvias partnerships enhance the well-being in our communities, including at the largest renewable energy project in Kansas and at resiliency projects nationwide. Our more than 72,000 residents consistently highly rank the courtesy and professionalism of our maintenance and leasing personnel. To learn more, please visit:
Yahoo
20-02-2025
- Business
- Yahoo
CRC Innovations and Ameresco Announce Over $200 Million Contract to Promote Energy Savings and Capital Improvements at Three Army Locations
5,000 military homes to benefit from infrastructure resiliency efforts WARWICK, R.I. & FRAMINGHAM, Mass., February 20, 2025--(BUSINESS WIRE)--CRC Innovations, an integrated energy and infrastructure solutions pioneer, and Ameresco, Inc., (NYSE: AMRC), a leading energy solutions provider dedicated to helping customers navigate the energy transition, today announced an over $200 million Energy Saving Performance Contract (ESPC) to provide capital improvements at U.S. Army military housing at Fort Bragg, N.C.; Fort Meade, Md.; and Fort Sill, Okla. 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 40% and natural gas consumption by 50%. The initiatives will modernize living conditions and enhance energy efficiency across 5,000 homes, affecting more than 15,000 residents. The communities are owned and operated by Corvias, a long-standing solutions partner to the Department of Defense. "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 Oklahoma, as well as installing new electricity panels and new meters. "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 U.S. Army personnel consistent with infrastructure strength and security goals." The joint effort is expected to provide more than $12.4 million in annual utility and operational cost savings. Improvements for the sites are financed by the future savings generated by the implementation. Other ESPC benefits include improved heating and cooling, resiliency during extreme weather conditions, and reduced safety hazards. For additional information CRC, visit For additional information on Ameresco and its energy performance contracting, visit About CRC InnovationsCRC 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 About Ameresco, 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 Framingham, MA, Ameresco has more than 1,500 employees providing local expertise in North America and Europe. For more information, visit 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 Contacts Media CRC Innovations: info@ Ameresco: Leila Dillon, 508-661-2264, news@
