WESTBOROUGH, Mass., July 11, 2017 /PRNewswire/ -- NORESCO, a national leader in energy efficiency and infrastructure solutions, is implementing $43 million in facility improvements at Hanscom Air Force Base (AFB), in Massachusetts, through a guaranteed energy savings performance contract (ESPC). The distributed generation solution, along with other measures, will deliver more than $94 million in guaranteed savings over the life of the project and will improve energy resiliency on base, supporting the Air Force initiative to provide mission assurance through energy assurance. NORESCO is a part of UTC Climate, Controls & Security, a unit of United Technologies Corp. (NYSE: UTX).

"NORESCO is honored to continue our long-standing support of the U.S. Air Force through this exciting ESPC project for Hanscom AFB," says Michael Beccaria, senior vice president, NORESCO. "This project will augment energy resiliency and significantly reduce energy costs to support the critical mission at Hanscom AFB."

The cornerstone of this project is a new 4.6-megawatt cogeneration plant that will deliver significant utility cost savings and improve electrical and steam generating reliability. The cogeneration plant will operate on a microgrid to provide emergency power to critical locations on the base during utility outages. The central steam plant will be powered by the electric and steam output of the cogeneration plant if power from the traditional grid is unavailable.

The project will also improve lighting quality, reduce maintenance costs and provide a more reliable supply of lower cost fuel as NORESCO:

• implements long-lasting LED technology
• extends natural gas service to select buildings and
• replaces oil-fired boilers and burners with gas-fired equipment

The project is among the first developed through a memorandum of understanding between the U.S. Air Force Civil Engineer Center and the U.S. Army Engineering and Support Center, Huntsville. Team members from the Air Force, Army and NORESCO worked together to meet an aggressive project development timeline of eleven months from selection to award, expediting realization of project benefits to Hanscom AFB.

 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.

SOURCE NORESCO

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