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Schneider Electric Selected by General Services Administration for $18.5 Million Building Efficiency Project

Schneider Electric, a global specialist in energy management, has been awarded an $18.5 million energy savings performance contract (ESPC) with the General Services Administration (GSA) Region 7 to improve energy efficiency, operations and comfort in 16 federal buildings in Texas. In December, 2008, Schneider Electric was awarded an Indefinite Delivery Indefinite Quantity (IDIQ) ESPC from the Department of Energy, making the company one of 16 prequalified energy services companies (ESCOs) of the federal government and thus eligible to compete for the GSA project