Metrus Energy Announces Project with the University of Northwestern Ohio

September 28th, 2022

Press Release

San Francisco (September 28, 2022) – Metrus Energy, an Energy as a Service (EaaS) and building efficiency market leader, today announced a Sustainable Efficiency Services Agreement (SESA) with the University of Northwestern Ohio (UNOH).

The construction work for the $3.1 million project will take place across 28 buildings on the school’s campus in Lima, OH, and it will cover a range of facilities including academic, residential, athletic, retail and staff buildings. The SESA project will replace critical assets on campus, help address deferred maintenance and provide healthier and more comfortable facilities for students and staff.

The efficiency upgrades that will be installed on campus include: LED light upgrades, HVAC replacements, HVAC motor upgrades as well as new water and conservation systems. These efficiency measures will produce an annual savings of 957 metric tons of CO2. In addition, the expected electric savings will be 1,941,582 kWh/yr and will result in water savings of 7,366 kgal/yr.

“Implementing broad-ranging upgrades for our buildings and facilities will do more than just save UNOH energy and water - it will reduce operational costs, simplify facility maintenance, and enhance the comfort of our students and staff,” said Steven Brown, Vice President of Property Management, UNOH.

“From a financial standpoint, being able to pay for critical new equipment and facility upgrades from energy and water savings is a big win-win for us and allows us to remain laser-focused on providing our community with a world-class education,” said James Bronder, CFO, UNOH.

“Metrus is pleased to be providing UNOH with a financing solution that will lower their operating expenses while improving the sustainability of their operations,” said John Jackson, Project Development Manager, Metrus Energy. “Our Sustainable Energy Services Agreement is a flexible solution that provides colleges and universities a path to implementing key facility improvements while also accomplishing their sustainability goals.”

Metrus partnered with KeyBank Equipment Finance and Centrica Business Solutions, which will provide engineering, construction, and ongoing measurement and verification services.

About Metrus Energy

Since 2009, Metrus Energy has been leading the way to a sustainable, low-carbon future by bringing energy efficiency and clean energy projects to life. Its comprehensive climate-positive financing solution pays for all upfront and ongoing project costs, providing upgrades to aging infrastructure, improving equipment resiliency, and lowering carbon emissions without the capital expense. Metrus bundles efficiency and clean energy measures into one simplified contract, tailoring each project to provide a turnkey solution. Metrus is a signatory to the United Nations Principles for Responsible Investment.

About UNOH

Founded in 1920, UNOH is known worldwide as a leader in the Automotive, Diesel, and High-Performance industries, but also offers over 50-degree programs in Business, Health, Marketing, Information Technology, and many other fields of study. Its 210-acre campus located in Lima, OH serves roughly 4,000 students annually.

About Centrica

Centrica Business Solutions is a sustainable energy solution integrator that helps businesses and organizations to balance the demands of planet and profit. They analyze, finance, install, operate and optimize energy by understanding every level of their customers’ organization, from facilities to entire portfolios, and finding the right balance between what’s good for business and the planet we share. Centrica has developed, financed, and installed more than 20,000 ESCO projects across the US, and operate more than 1,000 MW of distributed energy assets.