WGL Wins GSA “Capital Solar Challenge”
February 04 2016 - 8:30AM
Business Wire
WGL Energy Systems, a WGL company (NYSE: WGL), today announced
that it was recently awarded the Capital Solar Challenge contract
by the U.S. General Services Administration (GSA) to provide power
to 18 federal building locations throughout the District of
Columbia, including the U.S. General Services Administration
Building (headquarters) and the Ronald Reagan Building.
The Capital Solar Challenge initiative was launched in 2014 by
the White House to identify opportunities to deploy solar renewable
energy at federal agencies, departments, military installations and
subsidized complexes across the national capital region.
In a competitive bid process conducted by the GSA with support
from the U.S. Department of Energy, WGL Energy Systems, which
currently has more than 160 megawatts direct current (DC) of
distributed solar power capacity under contract in markets across
the U.S., was selected for its proven ability to finance, own, and
operate solar renewable power on commercial and federal sites.
According to the terms of the Capital Solar Challenge contract,
WGL Energy Systems will own, design, install and operate multiple
solar facilities under a power purchase agreement that runs for 10
years with an option to renew for an additional 10 years. The
project will be developed, engineered and constructed in
partnership with Inman Solar.
The total generating capacity will exceed 2.8 MW DC, and is
anticipated to produce over 3,750 MWH of power per year to the
various locations. This avoids more than 2,400 metric tons of
carbon dioxide emissions annually, the equivalent to the amount
emitted by more than 500 cars or the electric power used by 200
homes in one year.
“WGL Energy Systems is thrilled it had the right answer to the
Capital Solar Challenge, giving us the chance to build on our long
history of delivering energy solutions to customers in Washington,
D.C.,” said Sanjiv Mahan, president, WGL Energy Systems. “We are
proud to deliver a diverse set of energy solutions to the GSA, an
organization with requirements that span the full energy
spectrum.”
About WGL Energy
WGL Energy delivers a full ecosystem of energy offerings
including natural gas, electricity, green power, carbon reduction,
distributed generation and energy efficiency provided by WGL Energy
Services, Inc. (formerly Washington Gas Energy Services, Inc.) and
WGL Energy Systems, Inc. (formerly Washington Gas Energy Systems,
Inc.). To learn more, visit us at www.wglenergy.com.
About WGL
WGL (NYSE: WGL), headquartered in Washington, D.C., is a leading
source for clean, efficient and diverse energy solutions. With
activities and assets across the U.S., WGL consists of Washington
Gas, WGL Energy, WGL Midstream and Hampshire Gas. WGL provides
natural gas, electricity, green power and energy services,
including generation, storage, transportation, distribution, supply
and efficiency. Our calling as a company is to make energy
surprisingly easy for our employees, our community and all our
customers. Whether you are a homeowner or renter, small business or
multinational corporation, state and local or federal agency, WGL
is here to provide Energy Answers. Ask Us. For more information,
visit us at www.wgl.com.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160204005099/en/
WGL EnergyNews Media:Bernie Tylor,
202-624-6778btylor@washgas.comorFinancial Community:Douglas
Bonawitz, 202-624-6129
Wgl (NYSE:WGL)
Historical Stock Chart
From Aug 2024 to Sep 2024
Wgl (NYSE:WGL)
Historical Stock Chart
From Sep 2023 to Sep 2024