ConEd Solutions to juice up Boston venue

Real Estate Weekly, Feb 20, 2008

ConEdison Solutions, one of America's leading energy service providers, has signed a contract to provide electricity supply to Boston's TD Banknorth Garden, one of the most well-known sports and entertainment complexes in the nation.

As a state-licensed provider of electricity, ConEdison Solutions worked with the management team at Delaware North Companies, Inc.--Boston and its consultant to develop a supply contract for the Garden. ConEdison Solutions' expertise in energy enabled TD Banknorth Garden to generate savings by taking advantage of the site's unique energy usage patterns.

ConEdison Solutions officials forecast that, based upon historical usage, TD Banknorth Garden can expect to experience a 15 to 20 percent cost savings versus the applicable utility rate.

"As a national pacesetter in sports and entertainment, it should come as no surprise that the TD Banknorth Garden is also an innovator with respect to energy supplies," said Jorge J. Lopez, President and CEO of ConEdison Solutions. "The management of this world-class arena recognizes that today's deregulated energy marketplace provides substantial opportunities for savings. With the steadily increasing cost of energy, choosing the right supplier can yield big benefits. We are pleased that Delaware North Companies, Inc.--Boston chose us."

"We are committed to providing sports fans and concert-goers with the best value for their entertainment dollar," said Nick Langella, Sr. VP of Business and Operations at the TD Banknorth Garden. "With this operating principle in mind, we explored a range of alternatives in the field of energy supply. We chose ConEdison Solutions because of the company's competitive price and unparalleled track record in offering buying options that best suit the particular needs of their customers."

The state-of-the-art TD Banknorth Garden is a year-round, 19,600-seat arena, fully equipped with three private restaurants--Banners, Legends and The Premium Club, 90 executive suites, 1,100 club seats, a multi-million dollar video scoreboard (Garden HDX) and complete 360-degree LED technology.

Since its grand opening in 1995, more than twenty-four million people have come to the TD Banknorth Garden to see the arena's famous tenants, the NHL's Boston Bruins and NBA's Boston Celtics, as well as world-renowned concerts, sporting events, family shows, wrestling, ice shows and so much more.

Delaware North Companies, Inc.--Boston (DNC-Boston) is one of the country's premier providers of worldclass sports, entertainment and hospitality experiences. As operators of Boston's TD Banknorth Garden, DNC-Boston serves more than 2.5 million visitors each year. DNC-Boston is a subsidiary of Delaware North Companies, Inc., one of the world's leading hospitality and food service providers.

Its family of companies also includes Delaware North Companies Parks & Resorts, Delaware North Companies Gaming & Entertainment, CA One Services, Sportservice, Delaware North Companies International and the Delta Queen Steamboat Company. Delaware North Companies is one of the largest privately held companies in the United States with $1.6 billion in annual revenue and 30,000 associates serving half a billion customers in the United States, Canada, the United Kingdom, Australia and New Zealand.