Greenscape Reports Initial Robbins Parking Data
-- Quantitative results show significant and immediate energy savings created
-- Greenscape derives revenue via Energy Savings Participation Structure with Robbins
-- Greenscape derives revenue via Energy Savings Participation Structure with Robbins
Greenscape Capital Group Inc. ("Greenscape") is pleased to report that its wholly owned subsidiary, Green.Swith Capital Ltd. ("Green.Switch"), has received energy savings data from its initial installation work for Robbins Parking.
Given the initial energy savings data now compiled, it is estimated that the return on Greenscape's Net Invested Capital (total project cost less incentive rebate) will amount to a gross profit of approximately 248% over a 24 month period.
Based on the first contract signed with Robbins Parking, Greenscape receives 100% of the energy savings for the first 24 months, post-installation.
Robbins Parking will retain all of the energy savings generated by the retrofit after the initial 24 month period. Greenscape's total payback period on capital exposed is expected to be less than seven months.
Initial Installation Project Data
-- 63.6% of total project costs recaptured through government and utility
incentive programs
-- Approximately $1.74 of pure energy savings per year created for every
$1.00 of net costs
-- First 24 months of savings to Greenscape, with Robbins retaining 100% of
savings thereafter.
Greenscape enters into an Energy Savings Participation Structure with each client, based on each customer's individual needs. These contracts are targeted to create income for Greenscape, dependent on the customer, over 2 to 8 year periods.
Robbins Parking and its principal subsidiary, Platinum Parking, manage 55,000 parking stalls across North America. They are Canada's second largest parking management company.
Given the initial energy savings data now compiled, it is estimated that the return on Greenscape's Net Invested Capital (total project cost less incentive rebate) will amount to a gross profit of approximately 248% over a 24 month period.
Based on the first contract signed with Robbins Parking, Greenscape receives 100% of the energy savings for the first 24 months, post-installation.
Robbins Parking will retain all of the energy savings generated by the retrofit after the initial 24 month period. Greenscape's total payback period on capital exposed is expected to be less than seven months.
Initial Installation Project Data
-- 63.6% of total project costs recaptured through government and utility
incentive programs
-- Approximately $1.74 of pure energy savings per year created for every
$1.00 of net costs
-- First 24 months of savings to Greenscape, with Robbins retaining 100% of
savings thereafter.
Greenscape enters into an Energy Savings Participation Structure with each client, based on each customer's individual needs. These contracts are targeted to create income for Greenscape, dependent on the customer, over 2 to 8 year periods.
Robbins Parking and its principal subsidiary, Platinum Parking, manage 55,000 parking stalls across North America. They are Canada's second largest parking management company.
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