| |
Marina Energy purchased and reconstructed
the thermal production facilities for Resorts Atlantic City.
Resorts, as the original casino in Atlantic City, had exceeded
the useful life of much of its production equipment and had
not modernized or updated the internal distribution systems
for quite some time.
Marina
Energy has replaced most of the required chilling capacity,
added variable frequency drives to chillers, pumps and cooling
towers, and has completely updated the monitoring and control
systems. It is expected that efficiency and available capacity
will be greatly improved. Marina Energy, through a contract
with DCO Energy will be responsible for operating the facility
based on the 20-year contractual agreement now in place.
Resorts
Atlantic City has now begun the expansion of the property
with the construction of a new 500 room hotel tower, which
is included in the contract for thermal services. With the
addition of new capacity for the expansion, much of the old
distribution system, including three-way valves will be improved
and replaced with new equipment.
This
project is an excellent example of using outsourcing to an
advantage. Resorts benefited by leveraging the knowledge and
experience of Marina Energy, transferring risk to an energy
provider and dedicating its own capital to property expansion
while the energy provider made all of the plant and system
improvements.
|
Client: |
|
Resorts
Atlantic City |
| Location: |
|
Boardwalk,
Atlantic City, NJ 08401 |
| Services: |
|
Thermal
production plant (steam and chilled water) |
| Project
Start: |
|
2002 |
| Commencement: |
|
May
2002 |
| Plant
Capacity: |
|
5,000
Tons chilled water, 101,382 lbs/hr steam |
| Project
Amount: |
|
$5
Million |
|