Bostonia closed the $20M financing of an Energy Savings Performance Contract benefiting the U.S. Army at Fort Benning in Georgia. The project includes energy conservation measures such as building controls, lighting and building envelope. These measures will help the Army minimize energy consumption and costs, reduce energy intensity, and improve energy resilience by reducing demand and improving facility monitoring and control.
Bostonia closed a follow-on financing of an energy center at the Mercedes-Benz Vans (MBV) facility in Ladson, SC. The latest transaction follows the original financing which closed March 2017. The MBV facility manufactures and assembles Sprinter Vans for the US and Canadian markets.
Managing Director Josh Evans joined a panel discussion on the state of the capital markets at the National Federal Development Associations Annual Meeting on November 28, 2018. Mr. Evans highlighted trends related to the financing of federally-leased facilities.
Executive Vice President Peter Flynn joined a panel discussion on the commercial considerations in federal resiliency P3’s at the P3 Federal Conference on November 27, 2018. Mr. Flynn highlighted the benefits that can be monetized to offset the cost of implementation, while also addressing the challenges associated with financing federal P3s.
President Anita Molino led a panel discussion at the ULI Fall meeting’s Public Development and Infrastructure Council. Mrs. Molino moderated the panel of public and private sector participants as they reviewed major projects in the Boston area. Also at the Fall meeting, Managing Director Josh Evans presented a case study on the financing and development of a mission-critical Coast Guard facility to the Small Scale Development Council.