LIME ENERGY CO
SymbolLIME

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Lime Energy's AEM Subsidiary Completes $6 Million in Energy Efficiency Upgrades

2009-10-20 08:45 ET - News Release

ELK GROVE VILLAGE, Ill., Oct. 20, 2009 (GLOBE NEWSWIRE) -- Lime Energy (Nasdaq:LIME), one of the nation's leading energy efficiency and renewable energy solutions providers, today announced their Applied Energy Management (AEM) Division has completed work totaling $6 million in energy efficiency upgrades in six states. The work was completed for an ESCO partner to provide new lighting and advanced lighting controls for client facilities in Connecticut, Maryland, Massachusetts, Oklahoma, Pennsylvania, and Virginia. AEM completed the work on schedule to meet an important customer deadline at the end of the third quarter.

The project involved 10 large package handling facilities with a total area of 3.3 million square feet. Electricity savings are projected to exceed 16.5 million kilowatt-hours (kWh) saved per year. In addition to the substantial reductions in utility bills, the forecast energy savings equate to avoiding 10,000 metric tons of carbon dioxide emissions per year, or taking 1,900 cars permanently off the road.

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