Framingham, Mass., November 7, 2012 — Ameresco Quantum Inc., will work on a comprehensive energy savings performance contract for Reed College in Portland, Oregon.

The $5.4 million ESPC is expected to help the college save in excess of $2.7 million over 10 years through campus-wide operational and energy efficient upgrades while reducing its annual carbon dioxide emissions by 2.65 million pounds.

Reed College recognized the value of a thorough evaluation of the 960,446 square feet of campus buildings. The administration looked to reduce the college's environmental impact by minimizing energy use, maximizing equipment life, and maintaining and improving on the livability of their building environments.

By providing the college with an accurate existing condition assessment from their meter-based total system evaluation method, Ameresco Quantum was able to identify and prioritize major improvements to eight buildings plus campus-wide lighting and water measures to support recognized operational and sustainability goals.

Based on the comprehensive TSE energy and water audit of the college's facilities, Ameresco Quantum identified potential energy savings measures including campus-wide interior, exterior lighting and plumbing upgrades, as well as installing a more energy efficient and controlled HVAC system to lower energy use and improve building occupant comfort.

In addition, new energy efficient technologies will be installed on the campus-wide boiler system, including HVAC controls, and the installation of a new energy dashboard for stricter monitoring and regulation of the campus-wide steam system.