Orion Secures Approximately $41 Million in Contract Extensions Expanding Turnkey LED Lighting & Controls Retrofit Project for Major National Retail Customer by 295 Additional Locations
The retrofit contract extensions represent an acceleration of the anticipated pace of retrofit activity for the customer. Orion had previously noted that it expected to secure awards for the retrofit of additional locations, in addition to the completion of retrofits for locations delayed due to COVID-19. After recent contract extensions, Orion now expects to complete the retrofit of at least 400 locations before the close of its fiscal year ending
Orion is optimistic of being selected to complete the retrofit of the retailer’s remaining locations during Q4 of Fiscal 2021 and during Fiscal 2022. Upon completion of the 400 stores referenced in today’s press release, Orion will have completed LED lighting and controls retrofits of approximately 1,280 of this customer’s locations nationwide.
The turnkey retrofit projects include the installation of LED lighting fixtures along with state-of-the-art IoT control integration, to deliver enhanced functionality and data gathering capabilities designed to help facility managers enhance operating performance. Contract services include initial energy audits, project engineering, custom fixture design, fixture manufacturing, IoT enabled control systems, IoT system commissioning and full project management through installation at customer locations nationwide.
Orion is a provider of LED lighting systems and turnkey project implementation including installation and commissioning of fixtures, controls and IoT solutions, ongoing system maintenance and program management, helping customers to digitize their business and reduce their carbon footprint.
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Source: Orion Energy Systems, Inc.