Investor Relations
Dec 22, 2024 7:21 PM EST
ABM's Bundled Energy Solutions Program has been designed as a financial solution to meet clients' technical facility needs. ABM's goal is to drive costs out of clients' operating budgets in a manner that allows them to reallocate funding for other facility enhancements.
The project, which is scheduled to be completed by August of this year, will reduce energy consumption on Washington-Holmes Technical Center's 26-acre campus by over 1 million kWh per year. Along with significant utility and operating savings, ABM is set to offer students in the school's
"This is a wonderful opportunity to provide our students with career and technical training that can better prepare them for a competitive workplace," said
Key renovations ABM is set to provide the 15 buildings on campus include retrofitting light fixtures with new high-efficiency T-8 fluorescent lamps and ballasts; renovating exhaust systems in certain buildings for improved air circulation; installation of a campus-wide, web-based HVAC control system, allowing the school to better manage energy use as well as notify appropriate staff should any problems arise with the equipment; and 63 HVAC units will be replaced with high-efficiency equipment that exceeds a Seasonal Energy Efficiency Ratio (SEER) of 15.
"Through our partnership with
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ABM (NYSE:ABM) is a leading provider of integrated facility solutions. Thousands of commercial, industrial, government and retail clients outsource their non-core functions to ABM for consistent quality service that meets their specialized facility needs. ABM's comprehensive capabilities include expansive facility services, energy solutions, commercial cleaning, maintenance and repair, HVAC, electrical, landscaping, parking and security, provided through stand-alone or integrated solutions. With more than
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