WGL’s Washington Gas Energy Services Wins GSA Award to Provide Power to Federal Agencies in the District of Columbia & Mary...
December 08 2014 - 8:00AM
Business Wire
WGL Holdings, Inc. (NYSE: WGL) announces that its subsidiary,
Washington Gas Energy Services, recently won the U.S. General
Services Administration (GSA) contract to serve power to the vast
majority of Federal departments and agencies in the District of
Columbia and Maryland. The Maryland contract has a lifespan of two
years and the District of Columbia contract extends over 18 months,
with a projected start date of June 2015.
“We at WGL look forward to serving these facilities with
electricity from Washington Gas Energy Services,” said Dr.
Louis J. Hutchinson, III, Vice President and Chief Revenue Officer
for WGL. “This new agreement is an example of our ability to
provide a comprehensive set of energy solutions to customers. We
hope to further work with the GSA to explore opportunities to
provide distributed power generation to many of these sites,
helping these federal organizations to meet their mandated 2020
greenhouse gas reduction goals.”
The estimated Maryland electricity load is 857,677 MWhs, and the
District’s estimated load is 2,429,784 MWhs, totaling 3,287,461
MWhs.
"The General Services Administration is looking forward to a
strong and effective partnership with Washington Gas Energy
Services. This is an alliance that will provide significant savings
to the Federal government and the American taxpayer," added Ken
Shutika, Deputy Director, GSA.
About WGL Holdings, Inc.
Headquartered in Washington, D.C., WGL Holdings, Inc. [NYSE:
WGL] is a leading source for clean and efficient energy solutions.
Through our affiliates and strategic relationships, the Company
offers a diverse set of energy sources including natural gas, wind,
and solar as well as a range of energy solutions - generation,
storage, transportation, distribution, supply, and efficiency, with
activities in 30 states. WGL has five main operating units:
Washington Gas Light Company, a regulated natural gas utility
serving approximately 1.1 million customers in the metropolitan
Washington, D.C. area; Washington Gas Energy Services, Inc., one of
the largest natural gas, electricity and green energy suppliers in
the Mid-Atlantic; Washington Gas Energy Systems, Inc., a
distributed generation and energy efficiency business, offering
solar, fuel cell, combined heat and power, and other technologies
across the United States; WGL Midstream, Inc., a wholesale energy
solutions business, investing in and optimizing natural gas
pipelines and storage facilities in the Midwest and Eastern United
States; and Hampshire Gas, a natural gas storage business which
owns and operates facilities in and around Hampshire County, West
Virginia. As product and service innovation are critical for value
creation and sustaining growth, we are continuously increasing our
assets and investments in targeted clean energy sectors. This
strategy supports WGL's core business, as well as provides
opportunity for growth through partnerships and investments. WGL's
diversity is its strength. We are dedicated to the sustainability
of our business, the customers and communities we serve, and the
environment. To learn more, visit www.wglholdings.com.
Photos/Multimedia Gallery Available:
http://www.businesswire.com/multimedia/home/20141208005065/en/
WGL Holdings, Inc.News
MediaRuben Rodriguez,
202-624-6620orFinancial
CommunityDouglas Bonawitz, 202-624-6129
Wgl (NYSE:WGL)
Historical Stock Chart
From Mar 2024 to Apr 2024
Wgl (NYSE:WGL)
Historical Stock Chart
From Apr 2023 to Apr 2024