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Gemspring Capital, a middle-market private equity firm, is pleased to announce that an affiliate has acquired a majority interest in Mantis Innovation Group, LLC (“Mantis”), a provider of tech-enabled facility services, primarily for commercial, industrial, and government customers.
A comprehensive lighting and mechanical project became the latest Mitchell College energy efficiency initiative that targets better operations and decreasing the school’s environmental impact.
Through this sustainability project, the school was able to replace an old, inefficient system that was not only producing carbon emissions and consuming excessive energy, but also causing significant, annual maintenance costs.
HVAC represents 60%+ of a building’s energy use, so this area of building management is one of the best ways to target reducing energy use and carbon emissions. And since upgrading this type of equipment could be a 20-year investment, it’s important to take strong steps toward a successful, long-term outcome, especially in the face of a world that is increasingly penalizing businesses for maintaining outdated, inefficient equipment.
Director of Project Management for Mantis Innovation, Tom Cashman has offered a strong background in energy efficiency during his 5+ years with the team. Specifically, Tom worked in the grocery facilities industry prior to joining Mantis, and this experience has uniquely positioned him to understand how this type of building can benefit from energy solutions. We asked Tom a series of questions to learn more about energy efficiency in the grocery store industry.
Like many supermarkets, Price Chopper/Market 32’s outdated systems and long run-hours left them with high utility bills and old equipment. The supermarket chain chose three efficiency measures as part of this project, including LED lighting, fan motors and demand ventilation control in different parts of each store.
The framework for understanding utility incentives is simple: utilities want commercial/industrial businesses to use energy efficiently and they are willing to subsidize the process, meaning there’s money available to fund energy efficiency initiatives. Easy. The harder part is qualifying your own projects for those available financial resources.
Supermarkets are a staple in our society, some of the most important and most frequently visited commercial locations in the country. They also make up one of the most energy dense industries. From constant refrigeration to lighting large facilities, supermarkets and grocery stores can benefit significantly from increased energy efficiency.
Energy savings don’t just come from upgrades to lamps and fixtures anymore but can also be captured by implementing a lighting controls strategy. Lighting controls should be a part of your retrofit projects when possible because of the additional savings and benefits they provide.
The goal with data center automation is to allow data center operators to sleep at night. That’s the heart of it. The reality of managing complex, sensitive infrastructure in data centers is that things go wrong.