SolarCity and Balfour Beatty Communities Near Completion of 6.9 Megawatts of Solar at Air Force Family Housing

SAN MATEO, Calif., Oct. 27, 2016 /PRNewswire/ -- Balfour Beatty Communities and SolarCity are nearing completion of approximately 7 megawatts of solar at Air Force family housing in four states. The rooftop solar panels are installed across the residential communities managed by Balfour Beatty Communities at Travis Air Force Base (AFB), in California; Sheppard AFB in Texas; Tyndall AFB in Florida; and Luke AFB in Arizona. Together the installations utilize more than 26,000 solar panels to provide power to more than two thousand housing units.

"I am very pleased to see this renewable, green-energy project coming to Travis Air Force Base," said Congressman John Garamendi of California. "Installing solar on the homes of service members living in base housing makes sense.  This type of creative partnership between private and public entities and the communities surrounding our major military installations has become essential to the long-term viability of those bases and the critical missions they execute.  Funding for facility enhancements and critical base infrastructure has become very scarce due to budget cuts and sequestration.  These types of partnerships leverage private and community resources to produce a win-win scenario that mutually benefits all partners.  This project will save taxpayer money, help build long-term sustainability into the base, and is strategically smart for our military, our environment, and our nation."

"I commend all parties involved, especially the leadership at Travis Air Force, for prioritizing national security and military families, hiring of veterans, and deploying affordable clean energy in this innovative project that achieves multiple state and federal goals," said California State Assembly member Jim Frazier (D-Oakley), whose district includes Travis Air Force Base.

"The Luke Air Force Base solar project demonstrates how public-private collaboration can improve energy security and boost economic development by lowering utility costs and providing jobs for Arizona families, all through the magic of producing energy from Arizona's most abundant resource, the sun," said Lupe Contreras, State Senator and Senate Minority Whip in Arizona Senate District 19.

SolarCity designed, built and will maintain the solar power systems, and the military housing project companies (jointly operated by the Air Force and Balfour Beatty Communities) realize savings from the lower cost of solar power. The rooftop installations will total nearly 7 megawatts (MW) of solar power generation capacity—Luke AFB is the largest of the installations with approximately 3.5 MW of solar followed by Tyndall AFB at 1.4 MW, Sheppard AFB at 1.1 MW and Travis AFB with just under 1 MW capacity.

"We are proud to extend our successful solar energy program to select properties within our Air Force portfolio," said Chris Williams, president of Balfour Beatty Communities. "When installation is complete at these properties, we will have more than 40 megawatts of solar power generating capacity across our military portfolio. We are quite pleased to be able to partner with SolarCity to bring this clean, sustainable energy resource to so many of our communities."

The SolarStrong initiative creates jobs across the country with dozens of staff working on and installing each individual solar project. SolarCity emphasizes veteran hiring across the company, and has hired military veterans in over 90 locations across the United States in installation, recruiting, business development, sales and more.  

SolarCity is the largest provider of solar energy to military housing in the country, and has projects on 37 military bases in 12 states providing power to tens of thousands of military personnel and their families.

About SolarCity
SolarCity® (NASDAQ: SCTY) provides clean energy. The company has disrupted the century-old energy industry by providing renewable electricity directly to homeowners, businesses and government organizations for less than they spend on utility bills. SolarCity gives customers control of their energy costs to protect them from rising rates. The company makes solar energy easy by taking care of everything from design and permitting to monitoring and maintenance. Visit the company online at www.solarcity.com and follow the company on Facebook & Twitter.

About Balfour Beatty Communities
Balfour Beatty Communities, LLC is a diversified real estate services company delivering development, design, financing, construction, renovation, property and facilities management services in the multifamily, student and military housing sectors. A leader in the industry, Balfour Beatty Communities has more than 50,000 residential units and $6 billion in real estate assets under management and has developed or renovated more than 29,000 units with a total value of close to $4 billion. Headquartered outside Philadelphia, PA, Balfour Beatty Communities has more than 1,200 employees and is a subsidiary of Balfour Beatty Investments, Inc.

Balfour Beatty Investments is part of Balfour Beatty plc, a global leader in construction services, support services, and infrastructure investment.

This release contains forward-looking statements including, but not limited to, statements regarding plans to build solar projects for U.S. military housing. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved, if at all. Forward-looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward looking statements. You should read the section entitled "Risk Factors" in SolarCity's annual report on Form 10-Q, which has been filed with the Securities and Exchange Commission and identifies certain of these and additional risks and uncertainties. We do not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise.

SOURCE SolarCity

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