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SI Silvergate Capital Corporation

1.25
0.00 (0.00%)
19 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Silvergate Capital Corporation NYSE:SI NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.25 0 01:00:00

Siemens Helps Allegheny College Launch Energy Reduction Program

17/06/2008 11:04pm

PR Newswire (US)


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College pilots energy efficiency program with Clinton Climate Initiative and Siemens BUFFALO GROVE, Ill., June 17 /PRNewswire/ -- Siemens Building Technologies, Inc. was recently selected to provide an investment-grade energy audit, the first step in a total energy use reduction plan, at Allegheny College, a private liberal arts college in Meadville, Pa. The college is one of several American College and University Presidents Climate Commitment (ACUPCC) signatories to launch pilot projects through the Clinton Climate Initiative's (CCI) Energy Efficiency Building Retrofit Program. Allegheny's goal is to replace aging elements of its infrastructure in order to achieve better energy efficiency as well as emissions reduction across all facilities at the college, which is the 32nd oldest college in the nation. (Photo: http://www.newscom.com/cgi-bin/prnh/20080617/NYTU165 ) (Logo: http://www.newscom.com/cgi-bin/prnh/20070904/SIEMENSLOGO ) "Allegheny is not only committed to reducing our own impact on the environment, but we are also dedicated to providing students with the knowledge and skills they need to deal with ongoing environmental issues as they assume leadership roles," said Allegheny president Richard J. Cook. "In launching a pilot program with this new partnership, we also hope to set an example for other institutions of higher education. Achieving climate neutrality and making investments in the environmental education of today's youth are critical to the long-term health of our economy, our society and our world." Cook is one of 16 members of the ACUPCC steering committee. The partnership between ACUPCC and CCI allows colleges and universities access to funding mechanisms, technical assistance and state-of-the-art technologies from companies, including Siemens that have signed a memorandum of understanding with CCI. Siemens Building Technologies, which delivers both technologies and Energy Service Company (ESCO) services to public and private customers nationwide, has agreed to perform the retrofits and guarantee the energy savings to their customers. Late last year, Allegheny College issued a Request for Proposals for a total demand-side energy reduction plan, under the guidance of CCI's Building Retrofit Program. Siemens was selected in early March and signed a letter of intent in April to audit the energy use of a variety of systems throughout the campus infrastructure. A longtime client, the college currently uses Siemens' energy management, fire/life safety and access security systems. Following the initial audit, Siemens will use the data to prepare a formal presentation that outlines what facility improvement measures will deliver the best energy efficiency gains. Judging from Siemens' past experience, Allegheny College's audit will likely reveal that upgrades to boilers, chillers, major HVAC equipment, water, thermal improvements, building lighting and system controls will net significant energy savings. The energy savings figure produced from the audit will provide the basis for the development of a performance contract that guarantees the savings and provides the financial means to pay for the retrofits. The ACUPCC espouses a long-term goal of zero growth of global warming emissions on its member campuses. Under the guidance and direction of these college and university presidents, including Cook, this commitment is further supported and is being implemented by the Association for the Advancement of Sustainability in Higher Education (AASHE), as well as Second Nature and ecoAmerica, both of which assist educational institutions in their quest to become more energy- and materials-efficient. As a leading provider of energy and environmental solutions, building controls and fire safety and security system solutions, Siemens Building Technologies, Inc., makes buildings comfortable, safe, productive, more efficient and less costly to operate. With U.S. headquarters in Buffalo Grove, Ill., Siemens Building Technologies employs 7,200 people and provides a full range of services and solutions from more than 100 locations coast-to-coast. Worldwide, the company has 28,000 employees and operates at a total of more than 500 locations in 51 countries. For more information on Siemens Building Technologies, visit: http://www.usa.siemens.com/buildingtechnologies http://www.newscom.com/cgi-bin/prnh/20080617/NYTU165 http://www.newscom.com/cgi-bin/prnh/20070904/SIEMENSLOGO http://photoarchive.ap.org/ DATASOURCE: Siemens Building Technologies, Inc. CONTACT: Steven E. Kuehn of Siemens Building Technologies, Inc., +1-847-941-6047, Web site: http://www.usa.siemens.com/buildingtechnologies http://www.sbt.siemens.com/

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