ABM to Reduce Energy and Operating Costs of the Schools of Guntersville by More Than $9.3 Million
ABM Industries Incorporated (ABM)
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Source: GlobeNewswire
ABM’s Energy Performance Contracting Program Allows Schools of Guntersville to Save Funds for New Construction NEW YORK, Oct. 17, 2018 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of facility solutions, has initiated an Energy Performance Contracting program for the Schools of Guntersville in Guntersville, Alabama. ABM's customized solution is projected to save the Schools of Guntersville more than $9.3 million in energy and operating costs over a 15-year period, which will help the school system fund the construction of a new high school. The project launched in September 2018 and is scheduled for completion in May 2019. Energy and operations savings will be achieved by implementing HVAC and control, water system and transformer upgrades at each of the school system’s five facilities. The upgrades will save the Schools of Guntersville more than $500,000 in energy and operating costs in the first year, which will climb during the life of the program, resulting in more t
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ABM
Sec Filings
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- 5/1/24 - Form 144
- 3/27/24 - Form 8-K
- ABM's page on the SEC website