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Schneider Electric Partners with the US Navy to Deliver $114 Million in Guaranteed Energy Savings

DALLAS – April 5, 2016 – Schneider Electric, the global specialist in energy management and automation, along with the U.S. Navy, today announced a comprehensive infrastructure improvement project to transform the Naval Base Coronado (NBC) and Naval Base San Clemente Island (NBSCI) sites through a self-funding energy savings performance contract (ESPC). Once complete, the improvements will generate $114 million in guaranteed energy cost savings over the 19-year project term and will help the Navy meet many of its short and long-term strategic goals, including the Presidential Performance Contract Challenge.