Red Bridge has formed affiliations with leading companies to provide energy efficiency solutions to our clients. We have partnered with ABM Energy for commercial and industrial building portfolios, and with Johnson Controls for institutions of higher education and local government.
In the context of rising costs and uncertain supply of fossil fuels, climate change mandates, and consumer environmental awareness, our real estate clients are increasingly focused on sustainable energy solutions. Payback in energy cost savings is immediate and measurable; additional payback includes less tangible benefits such as customer preferences in dealing with environmentally responsible firms. In the business-to-business context, enterprises with green initiatives are demanding environmental stewardship from their suppliers, service providers and landlords.
This span of our bridge is complementary to our Solar business in that energy efficiency projects frequently include a solar component. An example is a current assignment at a prestigious liberal arts university in California. The project includes a comprehensive energy assessment, major equipment replacement, and participation in the design-build process for a new campus building complex, which will incorporate state-of-the-art solar and co-generation facilities.