Kauai Beach Resort Secures Energy as a Service (EaaS) Agreement with Ameresco

Ameresco has entered into a 15-year partnership with Kauai Beach Resort for a $15.5 million power performance renovation task

FRAMINGHAM, Mass. & KAUAI, Hawaii, November 18, 2021–(Organization WIRE)–Ameresco, Inc., (NYSE: AMRC), a main cleantech integrator specializing in strength performance and renewable electricity, currently announced it has entered into a 15-year Electrical power as a Services (EaaS) agreement with Kauai Seashore Vacation resort. The partnership allows the 25-acre ocean entrance resort to update and substitute its electricity-connected products without the need of any up-front funds.

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Kauai Beach front Vacation resort partners with cleantech integrator, for a 15-yr $15.5 million electrical power efficiency renovation venture. (Image: Business enterprise Wire)

Ameresco will install new lights and air conditioning gear in various phases around the future two a long time and preserve the advancements for the next 15 decades. The updates consist of changing 350 fan coil units with sensible thermostats and humidity controls, a new central chiller plant with additional redundancy for AC and warm h2o, new electrical transformers, a new constructing automation procedure to watch and regulate temperatures in visitor rooms, the kitchens and ballrooms, and updating the exterior lighting with LEDs through the vacation resort.

“For us, it is critical that we continually look for techniques to innovate and deliver our guests with an unforgettable encounter. In buy to do so, we want to always be wanting for approaches to improve and update our resort with the most recent electricity-economical know-how,” explained Ben Dookchitra, Kauai Seashore Resort Board President. “We are so energized to lover with Ameresco on this challenge to employ options that will reduce our electricity need and make our resort much more sustainable.”

Ameresco will begin design and style and development this 12 months to coincide with at present scheduled Kauai Beach front Resort building updates. By coordinating the two projects, Kauai Seashore Vacation resort will lessen the sum of visitor area downtime. Ameresco expects to complete development in the summer of 2023.

“Participating in these an expansive challenge that will deliver crucial infrastructure updates to lifetime is no straightforward feat for a business like the Kauai Seaside Resort,” claimed Britta MacIntosh, Senior Vice President, Ameresco. “But by employing our Electrical power as a Support arrangement, the vacation resort will be in a position to concurrently minimize its vitality use and in general utility prices, even though making no upfront funds financial investment and deferring all renovation costs right up until price price savings rewards are recognized.”

To learn a lot more about the electrical power effectiveness options made available by Ameresco, stop by www.ameresco.com/electrical power-effectiveness/.

About Ameresco, Inc.

Established in 2000, Ameresco, Inc. (NYSE:AMRC) is a top cleantech integrator and renewable vitality asset developer, owner and operator. Our extensive portfolio features electricity efficiency, infrastructure upgrades, asset sustainability and renewable energy remedies delivered to clients throughout North America and the United Kingdom. Ameresco’s sustainability solutions in help of clients’ pursuit of Internet Zero incorporate updates to a facility’s power infrastructure and the enhancement, construction, and procedure of distributed vitality resources. Ameresco has effectively accomplished strength saving, environmentally responsible initiatives with Federal, condition and nearby governments, health care and instructional establishments, housing authorities, and industrial and industrial prospects. With its corporate headquarters in Framingham, MA, Ameresco has additional than 1,000 employees delivering community skills in the United States, Canada, and the United Kingdom. For far more data, check out www.ameresco.com.

About Kauai Beach Vacation resort

Situated on 12 acres of lush Backyard garden Isle goodness, the vacation resort is centrally positioned amongst Kauai’s North and South shores, building it the great property base for island adventures. Just minutes from the airport and secreted down a tree-lined push that qualified prospects straight to the ocean, the non-public sanctuary is framed by the island’s most sensational landscapes — paradise is our backdrop. Practical experience the great mix of common Hawaiian hospitality and lifestyle, with all the present day touches that are the way to make the great day.

The announcement of a customer agreement is not essentially indicative of the timing or total of income from this sort of deal, of the company’s total income for any certain interval or of trends in the company’s all round complete backlog. This project was bundled in our earlier reported belongings in enhancement as of September 30, 2021.

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Contacts

Media Get in touch with:
Ameresco: Leila Dillon, 508-661-2264, [email protected]