$86.8 Million NORESCO Energy Savings Performance Contract to Enhance Energy Security Framework for Navy Region Japan

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$86.8 Million NORESCO Energy Savings Performance Contract to Enhance Energy Security Framework for Navy Region Japan

By District Energy posted 03-22-2019 16:57

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CISION PR Newswire

Summary

WESTBOROUGH, Mass., March 22, 2019 /PRNewswire/ -- NORESCO, a national leader in energy efficiency and infrastructure solutions, is implementing self-funding facility improvements for the Navy Region Japan through an $86.8 million guaranteed energy savings performance contract (ESPC). The project at Naval Air Facility (NAF) Atsugi, Commander Fleet Activities (CFA) Sasebo and CFA Yokosuka will strengthen energy security and enhance resiliency and reliability in support of the United States Navy's mission.

"NORESCO is honored to help the Navy improve energy efficiency at these mission-critical locations while both enhancing energy supply and reducing energy use by 16 percent," said Natasha Shah, vice president, NORESCO. "The project is one of the Navy's largest water-saving initiatives, guaranteed to save 1.5 billion gallons over the contract term. It will help Navy Region Japan meet federally-mandated water reduction goals."