Ameresco Completes OUTRIGGER Kauai Beach Resort & Spa’s Energy Efficiency Renovation as Part of 15-yr EaaS Agreement
February 14 2024 - 8:05AM
Business Wire
Cleantech company revolutionizes the energy
infrastructure at the resort while enhancing the guest
experience
Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator
specializing in energy efficiency and renewable energy, today
announced the completion of the installation of new energy
efficiency and maintenance advancements at OUTRIGGER Kauai Beach
Resort & Spa as part of a 15-year Energy as a Service (EaaS)
agreement. The partnership allowed the oceanfront resort to update
and replace its energy-related equipment without up-front
capital.
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OUTRIGGER Kauai Beach Resort & Spa
(Photo: Business Wire)
The $15.5 million energy efficiency renovation was designed and
constructed by Ameresco in several phases over the last two years.
Key upgrades included replacing 350 guest room fan coil units with
new smart thermostats, a new central chiller plant with added
redundancy for air conditioning, new hot water return distribution
for reduced hot water wait times, and new electrical transformers.
It also included adding a new building automation system to monitor
and control temperatures in guest rooms, kitchens and ballrooms
complete with variable speed capabilities for utility savings
during periods of partial occupancy. Additionally, the exterior
lighting throughout the resort has been comprehensively modernized
with energy-efficient LEDs. Continuous monitoring provides
up-to-date information of the condition of all building components,
for comprehensive asset management software. The new equipment will
continue to be maintained and operated by Ameresco for the life of
the EaaS agreement.
“By integrating cutting-edge technology at OUTRIGGER Kauai Beach
Resort & Spa, this partnership exemplifies our dedication to
staying at the forefront of the industry while also revitalizing
our resort’s pledge to environmental stewardship,” said Mike Shaff,
Senior Vice President Operations - Americas for OUTRIGGER
Hospitality Group. “Over the past three years, the property’s
commitment to 'Caring for our Place' has manifested in substantial
reductions in electricity, propane, and water consumption. This
partnership has evolved into a dynamic collaboration, and we look
forward to the forthcoming 15 years with enthusiasm and
optimism."
“The Energy as a Service agreement with OUTRIGGER Kauai Beach
Resort & Spa exemplifies our dedication to finding
individualized, cost-effective solutions for our partners to
achieve their sustainability goals that will bring them long-term
benefits,” said Nicole Bulgarino, Executive Vice President,
Ameresco. “We are proud to have played a pivotal role in enhancing
the energy efficiency of this remarkable oceanfront resort."
Construction and the installation of new efficiency upgrades at
OUTRIGGER Kauai Beach Resort & Spa began in October 2021 and
reached full completion in December 2023.
To learn more about the energy efficiency solutions offered by
Ameresco, visit www.ameresco.com/energy-efficiency/.
About Ameresco, Inc.
Founded in 2000, Ameresco, Inc. (NYSE:AMRC) is a leading
cleantech integrator and renewable energy asset developer, owner
and operator. Our comprehensive portfolio includes solutions that
help customers decarbonize to net zero and build energy resiliency
while leveraging smart, connected technologies. From implementing
energy efficiency and infrastructure upgrades to developing,
constructing, and operating distributed energy resources – we are a
trusted sustainability partner. Ameresco has successfully completed
energy saving, environmentally responsible projects with Federal,
state and local governments, healthcare and educational
institutions, housing authorities, and commercial and industrial
customers. With its corporate headquarters in Framingham, MA,
Ameresco has more than 1,300 employees providing local expertise in
North America and Europe. For more information, visit
www.ameresco.com.
About OUTRIGGER Kauai Beach Resort & Spa
Nestled on the enchanting 'Garden Island' of Kauai, the
plantation-style OUTRIGGER Kauai Beach Resort & Spa spans an
expansive 25 acres of beachfront paradise just minutes from Lihue
Airport. The property boasts 350 guestrooms, all with extraordinary
ocean views for a relaxing seaside escape. The lush resort boasts
four alluring pools, including a whimsical waterslide. Guests can
enjoy three distinctive dining options, alongside nightly live
music and a rich tapestry of complimentary cultural offerings. A
versatile canvas for business meetings, weddings and other
celebrations – the property has more than 13,000 sq. feet of
outdoor event space and 11,500 sq. feet of indoor venues. For more
information, visit www.OUTRIGGER.com or @KauaiBeachResort.
The announcement of Ameresco’s completion of an energy asset
project is not necessarily indicative of the timing or amount of
revenue from such arrangement, of the company’s overall revenue for
any particular period or of trends in the company’s overall total
assets in development. This project was included in our previously
reported assets in development as of September 30, 2023.
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version on businesswire.com: https://www.businesswire.com/news/home/20240214519642/en/
Media: Ameresco: Leila Dillon, 508-661-2264,
news@ameresco.com
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