Business Services Industry
Southbridge Power & Thermal Signs Energy Agreement With Southbridge Business Center; SP&T an affiliate of Connecticut's Yankee Energy Services Company
Business Wire, July 22, 1998
MERIDEN, Conn.--(BUSINESS WIRE)--July 22, 1998--(NYSE:YES)-- Southbridge Power & Thermal L.L.C. (SP&T) of Southbridge, Mass., has signed a 20-year agreement with Southbridge Business Center (SBC), giving SP&T the exclusive right to operate its existing powerhouse and to sell utilities, including electricity, thermal energy, water and compressed air to the SBC. The agreement also calls for a multi-million dollar renovation of the SBC's utility distribution system and upgrade of its electric generation system.
Southbridge Power & Thermal is a limited liability company with Yankee Energy Services Company (YESCo), a member of Yankee Energy System, Inc., as its managing member. The SBC, an American Optical Corporation limited partnership, is an industrial and commercial complex consisting of over 1.2 million square feet of rentable space.
The agreement calls for SP&T to manage the daily operations of the SBC's central energy plant. As additional tenants are added, SP&T will expand existing energy generation capabilities.
The SBC is located at 14 Mechanic Street, Southbridge, Mass. Yankee Energy Services Company (YESCo) provides consulting, procurement and development for on-site generation and cogeneration systems, as well as comprehensive building automation and HVAC equipment services. In addition to Yankee Energy Services Company, Yankee Energy System, Inc. Is the parent company of Yankee Gas Services Company, the largest natural gas distribution company in Connecticut, serving approximately 181,000 customers in 68 cities and towns.
CONTACT: Public Relations Information:
Geralyn A. Johnson, APR
203/639-4645 Office
203/933-5314 Home
E-mail: johnsong@yankeeenergy.com
or
Investor Relations Information:
Thomas D. Dorsey
203/639-4643 Office
860/236-7216 Home
E-mail: invest@yankeeenergy.com
Most Recent Business Articles
- Your feedback
- Why fly solo when an executive assistant can accelerate your CLNC® business?
- The CLNC® mentors held the key to my first case and to my CLNC® success
- Atlanta CLNC® 6-day certification seminar photo galleryplus sign up today for spring 2009 to save $100.00
- Announcing the 2009 NACLNC® conference keynote speaker, Stedman Graham: move like a maverick for breakaway CLNC® success at the 2009 NACLNC® conference
Most Recent Business Publications
Most Popular Business Articles
- Using object-oriented analysis and design over traditional structured analysis and design
- Big Fish Games Migrates Upstream to Fisher Plaza; High Growth Online Gaming Firm Vaults Fisher Plaza Occupancy Rate Above 90%
- Top of the line: some of the world's most well-respected doctors practice in South Florida. A guide to choosing the best physician specialists - Top Doctors in South Florida
- Sand filter basics: high-rate sand filters can be confusing for those new to the business. Understanding valve modes is the key
- BEHR Paints Introduces a Colorful New Way to Paint and Prime All in One with BEHR Premium Plus Ultra™ Interior

