Performance-based ESPC model leverages private capital to modernize government buildings without upfront costs

BETHESDA, Md., Aug. 7, 2025 /PRNewswire/ -- GreenGen announced today that it is among the firms awarded the U.S. Army Corps of Engineers (USACE) Engineering and Support Center's fourth-generation Energy Savings Performance Contract (ESPC IV) Multiple Award Task Order Contract (MATOC). As the only small business awarded this contract, GreenGen joins a select group of firms tasked with advancing energy and water resilience across the nation's aging federal real estate portfolio.

This long-term contract will play a critical role in addressing the urgent modernization needs of federal buildings, both in the U.S. and globally. According to the Government Accountability Office (GAO), the federal government owns more than 277,000 buildings, many of which are decades beyond their intended lifespan, built before the adoption of modern energy codes, and reliant on aging systems that drive up operating costs and increase vulnerability to disruptions. The scale of deferred maintenance further escalates the urgency. The GAO study found that as of 2024, the Department of Defense and federal civilian agencies faced a combined deferred maintenance and repairs backlog of $370 billion. By March 2025, the General Services Administration alone reported more than $17 billion in deferred maintenance and infrastructure needs.

"Mission-critical buildings are among the oldest and least efficient assets today," said Brad Dockser, Founder and CEO of GreenGen. "This program highlights how performance-based business models can cost-effectively tackle energy retrofits, enhance resilience, and unlock long-term value, especially as building utilization continues to evolve."

The ESPC model enables agencies to fund infrastructure upgrades by leveraging private capital, repaying project costs over time using guaranteed energy savings. For aging buildings with constrained budgets and resources, this structure allows critical retrofits to proceed more quickly without the need for appropriations or adding traditional debt.

GreenGen will use this model to implement industrial modernization programs, process improvements, and high-impact conservation measures like lighting and HVAC upgrades, energy generation and storage systems, microgrids, and water efficiency improvements - technologies that lower energy use while improving resilience and mission continuity. Projects that enhance energy reliability and operational efficiency offer strong ROI, particularly as aging infrastructure drives up risk and costs. These benefits extend across the full asset lifecycle, from current operations to long-term value preservation and even potential disposition, especially for underutilized or mission-shifting properties where performance can influence strategic decisions.

GreenGen's selection demonstrates the growing role of agile, performance-driven partners in helping the public sector achieve measurable energy and resilience goals efficiently, effectively, and at scale. The firm brings a proven track record of increasing energy efficiency and reducing costs for agencies such as the GSA, U.S. Forest Service, FBI, and Department of Homeland Security.

About GreenGen

Founded in 2011, GreenGen is a global leader in energy and sustainability solutions, empowering organizations to Operate in the Green®. With expertise integrating energy, real estate, capital markets, and technology, GreenGen transforms the built environment by implementing end-to-end strategies that drive financial and environmental outcomes.

GreenGen's unique approach helps global real estate owners, investors, private equity firms, and governments build more efficient, resilient, and profitable portfolios. The GreenGen team unites engineers, PhDs, MBAs, environmental experts, and associates across 10 countries in the Americas, Europe, Asia, and India. GreenGen has completed projects in 25 countries to-date, leaving a tangible mark on the global landscape.

For more information, visit greengen.com.

Media Contact
Katie O'Shea
Director of Marketing
301.202.2946 | katie@greengen.com 

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SOURCE GreenGen