Bostonia closed the $33 million financing of an utility energy services contract (UESC) project to benefit the Fleet Readiness Center East (“FRCE”) at Cherry Point in North Carolina. The project will enhance FRCE’s energy reliability, resilience, and energy efficiency while reducing risk of operational and mission failure and strengthen personnel ability to complete missions. FRCE provides mission-critical maintenance, engineering and logistics support for the Navy and Marine Corps aviation, and additionally supports other military and government agencies. With a vision “To be the Most Dependable Provider of Choice for American Air Power through Comprehensive and Innovative Integration of our People, Processes, and Resources”, FRCE opened its doors Dec. 16, 1943 as the Assembly and Repair Department at Marine Corps Air Station Cherry Point, North Carolina.
