Bluescope Buildings Lighting Lease to Generate $1 Million Positive Cash Flow

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.