May 16, 2013: ABM Expands Its Solar Expertise with Joint Venture
NEW YORK — ABM, a leading provider of facility solutions, has announced a joint venture between ABM Government Services and Building Energy S.p.A., an Italian-based independent power producer, to provide solar energy services to the large-scale commercial and utility-scale solar power markets.
ABM said the partnership will enable it to enhance its capabilities as one of the country’s leading energy service companies (ESCOs), specializing in design, installation, operations and maintenance (O&M), and financial solutions for its varied client base. It will also enhance ABM’s Bundled Energy Solutions (BES) program, which has been designed as a financial solution to meet clients’ technical facility needs and sustainability goals. ABM’s goal is to drive costs out of a client’s operating budget to allow savings to be reallocated to fund mission critical facility needs. Through the joint venture, ABM expects to become one of the largest ESCOs in the country, offering a full suite of renewable and energy efficiency services.