Ownership Structures Examined at Aeronautics Facility

Clients

Ownership Structures Examined at Aeronautics Facility

The challenge

Veolia’s energy consulting group, SourceOne, was retained to perform a comprehensive analysis and valuation study of the electric distribution system at an aeronautics facility in Cape Cod.

The client’s challenges are:

  • Stakeholders sought a comprehensive analysis to determine the value of the electric utility system.

  • The property spans 22,000 acres, and its utility system is nominal 13MVA.

Veolia’s solution

Intelligent research strategies:

  • SourceOne was brought on to identify and evaluate the benefits of privatization, strategies for reducing operating costs and prospective real estate development opportunities.

  • Opportunities to connect to high-voltage transmission and to integrate large-scale wind and solar power generation were also analyzed.

Client targets:

  • The client wanted to find a utility system that supports four military commands at the lowest cost

The benefits for our client

Comprehensive overview of options:

  • The results defined options for utility system ownership structures for the site supporting four military commands, conducting activity overseas and at home.
  • Veolia/SourceOne concluded that the site’s current structure provides the best use and highest value.
  • With continuing ownership, the U.S. government has control of the assets and a solid foundation of technical documentation to deploy robust grid management solutions, as well as options for clean power generation technology.