Energy as a Service
Improve and upgrade your energy systems and buildings infrastructure with TEN’s Energy-as-a-Service (EaaS) solution. TEN will provide the upfront capital, plan, design, and construct the project, and operate, maintain, and manage the assets for the life of the agreement.
The EaaS solution not only brings third party capital, it also involves significant risk transfer to TEN as your long-term partner. TEN will provide you with budget certainty with a firm-fixed price, date certain completion, system availability and efficiency guarantees, and a fixed long-term cost to operate, maintain, repair, and replace the installed assets.
TEN’s suite of as-a-Service offerings includes Energy as a Service (EaaS), Decarbonization-as-a-Service (DaaS), Infrastructure-as-a-Service (IaaS), and Electric-Vehicle-charging-as-a-Service (EVaaS).
Partnership with PSSI Stadium LLC
TEN, in partnership with Duquesne Light Holdings, entered a partnership with PSSI Stadium LLC to own, operate, and maintain the Acrisure Stadium's central heating and cooling plant.
As part of this project, TEN will upgrade and modernize specific pieces of equipment and control systems, including the building automation system (BAS), hot and chilled water pumps, and control system variable frequency drives (VFDs).
What is as-a-Service?
It is a performance-based financing and contract structure that converts a capital need to a long-term service payment with no upfront expenditure required and transfers significant risk from the customer to the provider.
Design and plan a customized solution.
Engineer, procure, finance and construct.
Operate and maintain.