Press Release
Exergy Energy Provides Clean, Resilient Power at Elanco for Zero CAPEX
7/11/2024
Exergy Energy, a leading provider of Backup Power-as-a-Service solutions, announced delivery of a 2 MW backup genset at the new headquarters for Elanco Animal Health Incorporated (NYSE: ELAN) near Indianapolis, IN. The system is undergoing installation, startup, and testing, with placement into service scheduled to be consistent with the commencement of operations of Elanco’s new headquarters. What makes this project unique is Elanco’s adoption of renewable diesel as the primary fuel for the system, demonstrating the company’s efforts to balance safety, security, and resiliency with cleaner energy choices. (To learn more about Elanco’s commitment to ESG, visit their sustainability section of their website.)
The Concierge Utility® for C&Iand Institutional Customers
Always On, Always Green, Always Save
Exergy Energy is a Concierge Utility® for commercial and industrial customer seeking to become 100% resilient to blackouts, save money and may need decarbonization support. Exergy provides energy as a service, energy management and energy brokerage services to help our customers meet their energy and sustainability goals.
Our Backup-as-a-Service offering as well as our energy efficiency improvements, require no upfront CAPEX.
How We Do It
- Exergy provides your organization with a backup generator sized to power your entire operation for Zero CAPEX. No more limitations, like sizing your generator to power only life-and-safety or critical operations, and no more capital budgeting requirements – with Exergy, your business operates through a blackout with Zero CAPEX.
- We advise you on the best fixed-rate electricity supply contract for your organization. This removes the risk of rising electricity rates. Many of our customer select 100% renewable energy to become entirely green.
- Exergy owns, operates, maintains, and manages your backup so you can focus on your day-to-day business. Exergy charges a monthly Resiliency Fee for this service.
- Since generators sit idle 99.9% of the time waiting for a blackout, Exergy uses the backup facility to provide grid services that support the addition of intermittent renewables to the Grid. Exergy earns ancillary cash flows from our grid services, which we share with you to defray your monthly fee.
- At the end of our agreement, ownership of the backup facility transfers to your organization.
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Why Exergy’s Service is Superior
No other provider offers what Exergy does: a zero-CAPEX backup power facility sized to your entire organization, with completely outsourced service / maintenance / management, monthly payments that are partly (or in some markets, completely) offset by shared cash flows from Ancillary Grid Services, and a service that is structured completely off-balance sheet.
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