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News Breaks
July 2, 2014
10:25 EDTVVC, VVCVectren to host business news update conference call
Conference call to be held on July 2 at 11 am. Webcast Link
News For VVC From The Last 14 Days
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September 28, 2015
17:02 EDTVVCPiedmont Natural Gas, ESG to implement Utility Energy Services Contract
Piedmont Natural Gas (PNY) and Energy Systems Group, a leading energy services provider and wholly owned subsidiary of Vectren (VVC), are implementing a Utility Energy Services Contract by the Naval Facilities Engineering Command Mid-Atlantic, signed in March, for a comprehensive steam decentralization project at Marine Corps Base Camp Lejeune. The project is beneficial for all parties, allowing Lejeune the opportunity to invest and upgrade aging infrastructure to realize efficiency and cost-savings at no up-front cost and will yield more than $37M in projected savings over the 15-year term. Known as the home of "Expeditionary Forces in Readiness," Camp Lejeune is the home base for the II Marine Expeditionary Force, 2nd Marine Division, 2nd Marine Logistics Group, and other combat units and support commands. The project marks Piedmont's first and ESG's largest UESC, a contracting vehicle that offers federal agencies a cost-effective means to implement energy efficiency, renewable energy, and water efficiency projects. Using the UESC program will allow Camp Lejeune to complete its steam decentralization program by April 2017, and shut down three central steam plants -- two of which currently burn coal. The project scope includes design, construction, and commissioning of comprehensive energy savings upgrades for 37 buildings at three major locations at Camp Lejeune: Hadnot Point/French Creek, Marine Corps Air Station New River, and Courthouse Bay. Infrastructure improvements will consist of new high-efficiency boilers, hot water heating systems, heating, ventilation, and air-conditioning upgrades and water treatment equipment, integrated into a major controls expansion. Site enhancements will also include construction of new boiler buildings for improved reliability of decentralized systems.

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