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US Embassy in Nicaragua Spends $15 Million for Energy Contract

Lockheed Martin logoThe Department of State has selected Lockheed Martin to deliver energy savings  for the US Embassy in Managua, Nicaragua.

Under the contract, the embassy will invest $15 million to save more than $36 million in utility expenses through the installation of 1 MW of solar photovoltaic generation on-site, lighting upgrades and controls, chiller plant upgrades, building automation system optimization and transformer upgrades.

The contract is a task order under the Department of Energy’s Energy Savings Performance Contracts (ESPC) indefinite delivery/indefinite quantity vehicle that allows federal agencies to accomplish energy savings projects without up-front capital costs. Instead, upgrades are financed through third-party loans that are paid back from the savings realized by the energy efficiency projects.

In 2008, the Department of Energy selected Lockheed Martin as one of 16 Super ESPC companies prequalified to compete for task orders that encompass multiple projects or facilities. The corporation implements energy efficiency, smart grid and cyber security programs across the government and industry.

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