125 Maiden Lane125 Maiden Lane had dated building systems, but limited capital resources to implement upgrades. Most of 125 Maiden Lane’s core systems were original from its 1958 construction, making this building an ideal target for energy efficiency retrofits.
Transcend Equity, MESATranscend Equity, now part of SCIenergy, offers a financial mechanism known as MESA (Managed Energy Service Agreements). MESA is a way for commercial property owners to make their buildings more energy efficient without financing new capital.
Drexel UniversityDrexel University sought to address critical energy system needs on the campus without adding to its debt load or affecting its credit. Blue Hill Partners and the Campus Energy Efficiency Fund (CEEF) helped Drexel evaluate financial options ad selected the Managed Energy Services Agreement (MESA) as the appropriate vehicle.
Childress Klein Properties
Childress Klein Properties (CKP), one of the leading real estate developers in the Southeastern United States, owns and manages more than 20 million square feet of property in Virginia, North and South Carolina, Georgia and Florida. CKP has a longstanding relationship with SCIenergy working together to implement preventive building maintenance practices at many of its properties in Georgia.