$25 Million Energy Savings Performance Contract Awarded to NORESCO for Federal Bureau of Prisons Sites in Illinois and Michigan

The ESPC project should reduce water consumption by 33 percent and electricity use by 20 percent at USP Marion and should reduce water consumption by 40 percent and electricity use by 22 percent at FCI Milan. The facility improvements to be implemented under the ESPC are expected to generate more than $1.2 million in annual cost savings. The project is funded entirely through guaranteed savings, requiring no upfront capital investment from the Federal Bureau of Prisons.

"The FCI Milan and USP Marion energy conservation measures demonstrate what can be accomplished with a focused energy and institution team that understands the value of a well-structured ESPC project to modernize facilities and make significant progress toward energy and water reduction goals," said Michael Beccaria, senior vice president and general manager, NORESCO. "The comprehensive project includes upgrading to LED lighting and occupancy controls technologies, transitioning to new state-of the-art building controls, replacing the primary steam and condensate distribution system, and upgrading water fixtures and controls along with new water softening plants and boiler controls. We are honored by a long-standing business relationship with the Federal Bureau of Prisons and are excited to implement this important project."

Since 2003, NORESCO has contracted with the Federal Bureau of Prisons for more than $130 million in building system improvements funded by savings from energy and water reductions.

For more information about NORESCO services, visit www.noresco.com.

About NORESCO

As one of the largest energy service companies in the United States, NORESCO uses design/build, performance-based contracting vehicles and asset monetization solutions to deliver energy and maintenance savings and significant infrastructure upgrades to existing facilities. NORESCO has guaranteed more than $3 billion in energy and operating cost savings at more than 7,000 facilities throughout the United States and abroad. NORESCO also offers a full suite of consulting services to integrate sustainable design strategies into new construction and existing buildings. NORESCO is a part of UTC Climate, Controls & Security, a unit of United Technologies Corporation, a leading provider to the aerospace and building systems industries worldwide. For more information, visit www.noresco.com.

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