08 Nov Bluescope Buildings of North America Case Study
Posted at 06:19h in Case Studies
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BlueScope Buildings is the business unit that produces steel building systems for the two preeminent brands in North America; Butler Manufacturing and Varco Pruden Buildings. The Plant Manager identified that lighting accounted for approx. 40% of their electric consumption. When he ran into Corporate CAPEX restrictions, that’s when he teamed up with AES to structure a cash flow positive, off balance sheet operating lease structure with their existing equipment leasing company to fund the lighting retrofit. Upon completion, he fielded a call from his utility representative concerned they had shut down a shift at the plant after looking at the precipitous drop in their monthly demand.