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Posts Tagged ‘enhanced use leasing’

Industry Awaits Mega RFP from Army for Clean Energy Facilities

  • May 14, 2012
  • comments: 1

Interest is high among energy developers for the Army’s pending solicitation to develop large-scale renewable energy projects at its installations. The draft request for proposals — to acquire $7 billion worth of electricity over 30 years through a multi-award task order contract — was issued in February and prompted 900 comments …

How Would Privatization Projects Fare Following a Future BRAC?

  • April 29, 2012
  • comments: 0

Despite its apparent lack of interest in discussing the possibility of additional base closure rounds, the House Armed Services’ Readiness Subcommittee is sufficiently curious as to how long-term commitments the services have made in conjunction with defense real estate projects would be affected by future closures that it requests GAO to study the issue. The panel’s request to GAO to look at the impact of base closures on alternatively financed projects is included in the report language accompanying its section of the fiscal 2013 defense authorization bill …

All Three Services to Pursue 1 Gigawatt of Renewable Energy Production on Base

  • April 11, 2012
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The Air Force, Army and Navy each will strive to produce 1 gigawatt of renewable energy to power their installations by 2025, the White House said Wednesday. The services will rely on private sector financing through authorities such as power purchase agreements, enhanced use leasing, energy savings performance contracts and utility energy savings contracts to develop the new sources of clean energy, including solar, wind, biomass and geothermal …

Air Force Seeks to Grow EUL Program

  • March 25, 2012
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The Air Force has set a goal of generating a net present value of $5 billion through the enhanced use leasing program through fiscal 2020, with a special emphasis on projects relying on the production of renewable energy, according to testimony submitted by Terry Yonkers, assistant secretary for installations, environment and logistics, to the House Military Construction Appropriations Subcommittee. So far, the service has executed nine leases with a net present value of $233 million under the program. Officials are close to completing a comprehensive survey of all Air Force installations to identify potential sites for new EUL projects …

Army Ready to Engage Private Sector to Develop Clean Energy Facilities

  • March 15, 2012
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The Army is advancing on multiple fronts as it moves closer to realizing its goal of partnering with the private sector to develop large-scale renewable energy projects at its installations, senior officials said Thursday during a media briefing. Last month, the service released a draft request for proposal for a multi-award task order contract that will allow the Army to negotiate power purchase agreements with approved development teams for a total of $7 billion worth of electricity over 30 years …

Utah Officials Celebrate Opening of First Building at Hill EUL

  • March 12, 2012
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State and local officials held a ribbon-cutting ceremony Monday for the first commercial building to open at Falcon Hill National Aerospace Research Park on Hill AFB in northern Utah, the Air Force’s largest enhanced use leasing project. The project includes 8 million square feet of office space and supporting restaurants and hotels on 550 acres on Hill’s west side …

Navy Taps Hines for Pax River EUL

  • February 17, 2012
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The Navy this week selected Hines Interests L.P. to develop office space at Naval Air Station Patuxent River in southern Maryland through the enhanced use leasing program. The two parties now will try to reach agreement on a business and leasing plan for the project, which covers multiple sites on the installation …

Air Force Opens First Building under Hill AFB EUL

  • January 19, 2012
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Officials at Hill Air Force Base and local leaders on Wednesday celebrated the completion of the first building developed under the Falcon Hill enhanced use leasing project, a $1.5 billion collaboration among DOD, Woodbury Corp. and the state of Utah …

Schumer Urges Army to Approve Power Plant at New York Arsenal

  • January 10, 2012
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New York Sen. Chuck Schumer called on Army Secretary John McHugh to approve construction of a co-generation steam and electric plant at Watervliet Arsenal under an enhanced use lease that is needed to attract hundreds of jobs to the site located outside of Albany. The Arsenal Business & Technology Partnership, the local development corporation for the arsenal, has proposed building the plant to support tenants that have high-power needs …

Navy, Energy Company Negotiating EUL for Natural Gas Plant at Maryland Facility

  • December 8, 2011
  • comments: 0

Constellation Energy and the Navy are negotiating details of an enhanced use lease at Naval Support Facility Indian Head, Md., which calls for construction of a 30-megawatt natural gas power plant, a 200,000-square-foot data center and a 250,000-square-foot office building. The project is estimated to cost between $300 million and $400 million and take up to 18 months to build …

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