May 19, 2024

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Balfour Beatty Communities and ENGIE Complete Energy Updates to 1000+ Homes at Fort Eustis and Fort Story

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Balfour Beatty Communities and ENGIE Complete Energy Updates to 1000+ Homes at Fort Eustis and Fort Story

NEWPORT Information, Va. & HAMPTON Roads, Va.–(Business enterprise WIRE)–Balfour Beatty Communities, a countrywide household actual estate investment decision and administration organization, and ENGIE Services U.S., a subsidiary ENGIE North The united states (ENGIE), a major minimal-carbon electrical power and companies company, lately done extra than $12 million in vitality performance improvements to more than 1,000 houses at Fort Eustis and Fort Story, Virginia. The job, which leveraged non-public funds, provides modernized fixtures and programs to the houses, reducing energy intake and streamlining related routine maintenance expert services while continuing to boost the living working experience for military family members. This productive undertaking is an additional case in point of the advantages recognized through the Armed forces Housing Privatization Initiative (MHPI).

“We are very pleased to have done this job, which improves essential systems in the houses of military services family members at Fort Eustis and Fort Story,” mentioned Mark Lavin, executive vice president for Balfour Beatty Communities. “Our perform with ENGIE is generating these armed service housing communities much more resilient and is generating utility financial savings that will be utilised to further boost these homes as aspect of our long-phrase reinvestment energy.”

The job sent turnkey electricity and water efficiency enhancements through a self-funding Electrical power Personal savings Overall performance Deal (ESPC), which includes:

  • 77,000 energy-efficient lighting and fixture updates
  • 475 substantial-efficiency heat pump systems
  • 995 clever house thermostats
  • 1,500 toilet humidistats
  • Water conservation fixtures which includes 4,500 faucet aerators in bathrooms and kitchens, 2,700 lower-stream toilets and 1,800 shower heads
  • Extra than 900 households been given weatherization updates to the constructing envelope, like power-efficient exhaust vent caps among other updates

The new HVAC techniques minimize the carbon footprint of Balfour Beatty housing installations when producing houses extra comfy to live in, reducing mechanical outages, and standardizing machines across the portfolio to minimize operating and upkeep expenditures. These upgrades are anticipated to lower household consumption by somewhere around 3,286,588 kWh/year in electricity, 857 CCF/yr in natural gas, and 21,284,200 gal/year in water.

“This job can help improve the dwelling disorders of our military services households when supporting President Biden’s executive buy to tackle the local climate crisis at household and overseas. Simultaneously, we have been ready to support the Army’s Local weather Method by cutting down Inexperienced House Gasoline emissions at Fort Eustis and Fort Story by around 2,000 metric tons,” stated Brad Boerger, ENGIE’s vice president of business enterprise growth.

Alongside one another with the U.S. Army, Balfour Beatty is strengthening sustainability and resiliency with jobs that improve its military services housing communities. The ESPC initiative also supports the Division of Defense’s aim to offer 100{73375d9cc0eb62eadf703eace8c5332f876cb0fdecf5a1aaee3be06b81bdcf82} of the strength load demanded by every U.S. armed service installation by 2030 by means of investments in sustainability initiatives like power economical housing and renewable strength generation.

Balfour Beatty and ENGIE are continuing to grow the ESPC initiative with many new initiatives throughout Balfour Beatty Communities’ military housing portfolio in various stages of evaluation, acceptance and implementation.

About Balfour Beatty Communities

Balfour Beatty Communities is an active operator and operator of residential genuine estate in the multifamily, pupil and armed service housing sectors across the United States. Due to the fact its inception in 1999, Balfour Beatty Communities has invested in just about 100 houses representing additional than $7.9 billion of gross asset price. Our broad in-household knowledge contains decades of acquisition, enhancement, finance, renovation, leasing and assets/facility management experience. Leveraging this in depth know-how and a consumer service-concentrated method, Balfour Beatty Communities seeks to produce worth in its actual estate jobs whilst providing excellent dwelling ordeals. For far more info, stop by balfourbeattycommunities.com.

Balfour Beatty Communities is a subsidiary of Balfour Beatty Investments, Inc. and Balfour Beatty plc, a leading intercontinental infrastructure team.

About ENGIE North America

Based in Houston, Texas, ENGIE North The united states Inc. is a regional hub of ENGIE, a world leader in low-carbon vitality and solutions. ENGIE (ENGI), is outlined on the Paris and Brussels Stock Exchanges. Alongside one another with our 170,000 staff all-around the world, our shoppers, associates and stakeholders, we are fully commited to speed up the changeover towards a carbon-neutral environment, by means of decreased energy use and more environmentally-helpful solutions. Influenced by our function (“raison d’être”), we reconcile economic functionality with a beneficial impact on people and the planet, creating on our critical corporations (gas, renewable electricity, companies) to supply competitive solutions to our consumers. In North The usa, ENGIE aids our purchasers accomplish their electrical power efficiency, dependability, and in the long run, their sustainability plans, as we do the job alongside one another to condition a sustainable upcoming. We accomplish this as a result of: strength effectiveness assignments, supplying power supply (like renewables and purely natural gasoline), and the progress, construction and procedure of renewable electricity assets (wind, solar, storage and more). For far more information on ENGIE North The us, be sure to check out our LinkedIn site or Twitter feed, https://www.engie-na.com/ and https://www.engie.com.

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