Climate Smart Buildings Initiative Positions Federal Government for Clean Energy Transformation Through Energy Savings Performance Contracts
03 August 2022 - 11:16PM
Business Wire
Ameresco commends the Administration for
leveraging public-private partnerships to modernize Federal
buildings and reduce greenhouse gas (GHG) emissions
Ameresco, Inc., (NYSE: AMRC), a leading
cleantech integrator specializing in energy efficiency and
renewable energy, welcomes today’s announcement from the White
House regarding the Climate Smart Buildings Initiative. This
government-wide initiative is focused on leveraging Energy Savings
Performance Contracting (ESPC) to reduce energy costs, create jobs
and cut greenhouse gas emissions. It is expected to accelerate
energy efficiency projects by leveraging public-private
partnerships designed to create and support nearly 80,000 American
jobs and achieve up to 2.8 million metric tons of GHG reductions
annually by 2030.
Among other ambitious goals, this initiative will leverage $250
million in funding from the Infrastructure Investment and Jobs Act,
and work to continue raising the bar through collaboration and
capacity building to scale up progress to a net zero economy. It is
an important component of the President’s Federal Sustainability
Plan, which aims to lead by example in Federal buildings by
reducing emissions by 50 percent by 2032 and ultimately achieving
net-zero emissions by 2045.
“We applaud the Biden Administration personnel and Congressional
champions for their steadfast focus on continuing to advance the
clean energy transformation through innovative programs such as the
Climate Smart Buildings Initiative,” said Nicole Bulgarino,
Executive Vice President, Ameresco. “Ameresco is focused on
providing ESPC solutions to customers looking to renew their
facilities and reduce their energy costs without the need for
upfront capital. These kinds of transformative energy projects are
typically financed through future energy savings. We look forward
to further utilizing our more than 22 years of ESPC experience to
help the Federal Government reach their ambitious goals.”
Ameresco has been a long-term partner and champion of
sustainability at Federal buildings throughout the country. One
such example that was featured by the White House is the 2019
completion of the Department of Defense’s U.S. Marine Corps Recruit
Depot Parris Island project. This ESPC with Ameresco resulted in a
project that encompassed more than 120 buildings and reduced
overall energy use by 75%.
To learn more about Ameresco and the company’s clean energy
solutions, visit www.ameresco.com.
About Ameresco, Inc.
Founded in 2000, Ameresco, Inc. (NYSE:AMRC) is a leading
cleantech integrator and renewable energy asset developer, owner
and operator. Our comprehensive portfolio includes energy
efficiency, infrastructure upgrades, asset sustainability and
renewable energy solutions delivered to customers throughout North
America and Europe. In support of our customers pursuit of Net
Zero, our sustainability services include upgrades to a facility’s
energy infrastructure and the development, construction, and
operation of distributed energy resources. 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 has more than 1,000 employees providing
local expertise in the United States, Canada, and Europe. For more
information, visit www.ameresco.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20220803005996/en/
Media Contact: Ameresco: Leila Dillon, 508-661-2264,
news@ameresco.com
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