ARLINGTON, Va., Jan. 31, 2011 /PRNewswire/ -- Pepco Energy Services, Inc., a subsidiary of Pepco Holdings, Inc. (NYSE: POM) and a leader in energy savings performance contracting, has been awarded a two-year renewal contract with the Maryland Aviation Administration to provide operations and maintenance services to the Baltimore-Washington International Thurgood Marshall Airport and Martin State Airport.
Under the $14.8 million contract, which became effective November 1, 2010, Pepco Energy will have continued responsibility for the operations, maintenance and repair of all central utility plant, HVAC and controls system assets serving the two airports. Pepco Energy will also perform all on-site fire system alarm testing.
"Pepco Energy is pleased to continue working with the Maryland Aviation Administration in providing mission critical operations and maintenance services for BWI Thurgood Marshall and Martin State Airports," said John Huffman, President and Chief Executive Officer of Pepco Energy.
In September, Pepco Energy was also awarded a $20.6 million energy performance contract by the Maryland Aviation Administration that will generate over $2 million per year in energy savings at BWI Thurgood Marshall Airport.
Pepco Energy provides similar operations and maintenance services as part of its energy performance contracts with the Maryland Stadium Authority, the Military District of Washington, Baltimore City Schools and Government, Washington, D.C. Convention Center, Salisbury University and the North Carolina Department of Administration. Pepco Energy also owns and operates district thermal plants that serve customers in Atlantic City, New Jersey, and Wilmington, Delaware, as well as renewable landfill gas-to-energy projects throughout the Mid-Atlantic states.
About Pepco Energy Services, Inc.
Pepco Energy Services, Inc., a wholly owned subsidiary of Pepco Holdings, Inc. (NYSE: POM), provides commercial, institutional, government and industrial customers with competitive energy efficiency services, including renewable energy and combined heat and power. Visit www.pepcoenergy.com for more information.
Pepco Energy Services, Inc. is not the same company as Potomac Electric Power Company, and prices and services of Pepco Energy Services, Inc. are not set by the Public Service Commission.
Information contained in this news release may include forward-looking statements, which should be considered in light of the risks inherent in the business of Pepco Holdings, Inc. and its subsidiaries, as discussed in public documents filed with the Securities and Exchange Commission.
SOURCE Pepco Energy Services, Inc.