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Balfour Beatty Communities Rooftop Solar Program Surpasses Department of Defense’s Renewable Energy Goal in 2018

February 1, 2019

MALVERN, Pa.--(BUSINESS WIRE)--Feb 1, 2019--Balfour Beatty Communities produced an average energy offset of more than 30 percent across 12 U.S. military housing communities in 2018. Driven by the company’s rooftop solar program, the energy offset surpasses the Department of Defense goal to generate 25 percent of total military installation energy consumption through renewable energy sources.

“The rooftop solar program not only has a positive impact on the environment, but directly supports our DOD partners in their effort to develop more resilient, energy independent military installations,” said Mark Lavin, senior vice president of project management and development for Balfour Beatty Communities. “We are constantly driving to identify improvements and efficiencies in housing as part of our long-term partnerships with the DOD. In addition to surpassing renewable energy targets, this program saves the military departments and service member’s money by operating energy services at lower and more predictable rates.”

Highlights from the rooftop solar program include:

More than 32MW of solar installed across 12 military installations Offset 70% of energy consumption at Luke Family Homes —the privatized housing at Luke Air Force Base in Arizona 53,787,169 kWh of energy generated in 2018

Congress established the Military Housing Privatization Initiative (MHPI) in 1996 to improve the condition of housing for military service members by forging partnerships with experienced private-sector leaders in the housing industry to expand and update the military housing portfolio. As a leading MHPI partner, Balfour Beatty Communities has partnered with SolarCity (now Tesla ) at several military housing locations throughout the U.S. to support the Department of Defense’s Office of Energy Initiative goal to deploy 1 GW of renewable energy and derive 25 percent of total energy consumed from renewable energy sources by 2025.

About Balfour Beatty Communities

Balfour Beatty Communities, LLC is a diversified real estate services company delivering development, design, financing, construction, renovation, property and facilities management services in the multifamily, student and military housing sectors. A leader in the industry, Balfour Beatty Communities has more than 50,000 residential units and $6 billion in real estate assets under management and has developed or renovated more than 29,000 units with a total value of close to $4 billion. Headquartered outside Philadelphia, PA, Balfour Beatty Communities has more than 1,200 employees and is a subsidiary of Balfour Beatty Investments, Inc.

Balfour Beatty Investments is part of Balfour Beatty plc, a global leader in construction services, support services, and infrastructure investment.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190201005398/en/

CONTACT: Maureen Omrod

610.355.8136

momrod@bbcgrp.com

KEYWORD: UNITED STATES NORTH AMERICA PENNSYLVANIA

INDUSTRY KEYWORD: BUILDING SYSTEMS ENERGY ALTERNATIVE ENERGY ARCHITECTURE ENVIRONMENT DEFENSE OTHER DEFENSE CONSTRUCTION & PROPERTY RESIDENTIAL BUILDING & REAL ESTATE OTHER CONSTRUCTION & PROPERTY

SOURCE: Balfour Beatty Communities

Copyright Business Wire 2019.

PUB: 02/01/2019 11:48 AM/DISC: 02/01/2019 11:48 AM

http://www.businesswire.com/news/home/20190201005398/en

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