Washington Gas Energy Systems Selected by U.S. Army as a Solar Technology Contractor on $7 Billion R

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Washington Gas Energy Systems Selected by U.S. Army as a Solar Technology Contractor on $7 Billion Renewable Energy Multiple Award Task Order Contracts

MCLEAN, Va.--(BUSINESS WIRE)-- Washington Gas Energy Systems (WGES), a subsidiary of WGL, has been awarded the opportunity to win a portion of $7 billion under the Renewable Alternative Energy Power Production for the Department of Defense (DOD) installations Multiple Award Task Order Contracts, or MATOC. The company was identified by the U.S. Army Corps of Engineers as one of 22 qualified solar technology contractors.

Selected from a pool of over 114 candidates, WGES is now qualified to compete for future solar projects for any renewable energy initiatives issued under the contracts program. Through power purchase agreements, DOD installations will be able to procure abundant, renewable alternative energy.


"We thank the Department of Defense and the Army Corps of Engineers for this opportunity," said Sanjiv Mahan, Vice President of Business Development for Washington Gas Energy Systems. "WGES looks forward to supporting the Army today and into the future, assisting them in reaching their Congressionally mandated sustainability goal of 25 percent production and consumption of energy from renewable energy sources over the next 12 years.

According to the Army Corps of Engineers, solar is the second of four technologies being awarded. The first being geothermal, awarded in the spring of 2013. Remaining technologies include wind and biomass, both of which will be awarded by the end of 2013.

Headquartered in Washington, D.C., WGL Holdings, Inc. has four operating segments: (i) the regulated utility segment which primarily consists of Washington Gas, a natural gas utility that serves over one million customers throughout metropolitan Washington, D.C., and the surrounding region; (ii) the retail energy-marketing segment which consists of Washington Gas Energy Services, Inc., a third-party marketer that competitively sells natural gas and electricity; (iii) the commercial energy systems segment which consists of Washington Gas Energy Systems, Inc., a provider of design-build energy efficiency solutions to government and commercial clients, commercial solar projects, and the operations of WGSW, a holding company formed to invest in alternative energy assets and (iv) the wholesale energy solutions segment which consists of Capitol Energy Ventures Corp., an asset optimization business that acquires, manages and optimizes natural gas storage and transportation assets. Additional information about WGL Holdings, Inc. is available on our website, www.wglholdings.com.



Washington Gas Energy Systems
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KEYWORDS:   United States  North America  Virginia

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The article Washington Gas Energy Systems Selected by U.S. Army as a Solar Technology Contractor on $7 Billion Renewable Energy Multiple Award Task Order Contracts originally appeared on Fool.com.

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