2 min read

5 Facilitates Bradley University Agreement With Nexamp for Community Solar Offtake in Illinois

By 5 on March 5, 2024

PEORIA, Ill., March 5, 2024

5, a leading energy and sustainability advisory firm, orchestrated a community solar deal between Bradley University and Nexamp that will help to add renewable energy to Illinois’ power grid. Bradley University will be the anchor subscriber on four community solar projects developed by Nexamp in Illinois in the next two years. The projects stand to produce over $115,000 in annual cost savings for Bradley University, and over 26,000 MWh of renewable electricity to advance Illinois’ renewable energy goals. 

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Topics: Clients Sustainability Press Renewables Community Solar
2 min read

5 Acquires BidURenergy and NRG Advisory Services to Expand Its Presence in the Northeast

By 5 on January 29, 2024

DALLAS (May 5, 2023) 

5, one of North Americas top energy advisoryand management firms, announced its acquisition of BidURenergy(“BUE”) and NRG Advisory Services from NRG Energy, Inc. Based in Buffalo, NY,BUE and NRG Advisory Services provide a full suite of exceptional brokerage and energy advisory services to clients throughout the Northeast. 

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Topics: Clients Procurement Sustainability Press Renewables
1 min read

Client Spotlight: Beta Crude Connector (BCC)

By 5 on September 29, 2022

The Beta Crude Connector (BCC) project is jointly owned by Frontier Midstream Solutions IV, LLC (FMSIV) and ConocoPhillips. FMSIV is the operator of BCC. BCC is one of the premier midstream solutions providers in the Midland Basin. The BCC system provides crude oil gathering and transportation services in the Midland Basin across Martin, Midland, Ector, and Andrews Counties, Texas. This system consists of approximately 90 miles of crude oil transportation pipeline and 200,000 barrels of operational storage in the Midland Basin of West Texas. The BCC project has the capacity to deliver nearly 180,000 barrels per day of crude oil to multiple delivery points, accessing local refineries and connecting to multiple downstream pipelines.

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Topics: Clients Procurement
2 min read

Client Spotlight: Shriners Children

By 5 on August 31, 2022

Shriners Children’s began out of the polio epidemic in the late 1910s, with the first hospital opening in Shreveport in 1922. Today, they operate locations throughout the US and in two other countries, all with the same mission: to change and improve the lives of children. In addition to top-of-the-line treatments for children, Shriners also excels in research and physician education. With specialties in orthopedics, burns, craniofacial conditions, and many more, the hospitals follow the vision of the Shriners Fraternity to serve mankind through the care of children.

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Topics: Clients Procurement Sustainability Resiliency
1 min read

Client Spotlight: Autobahn Motorcars

By 5 on July 28, 2022

Autobahn Motorcars has been a Fort Worth institution since 1979 selling luxury vehicles including Volvo, Jaguar, Porsche, Volkswagen, Land Rover, and BMW, as well as certified pre-owned cars. Autobahn is proud of their dedication to building strong client relationships and within the Fort Worth community-at-large. They sponsor the Cowtown Marathon, food drives for Fort Worth’s neediest families, and provide scholarships every year to local students. Autobahn’s commitment to its clients doesn’t stop on the sales floor. They also boast an impressive service department, with dedicated mechanics for each brand.

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Topics: Clients
1 min read

Client Spotlight: Xpressdocs

By 5 on June 29, 2022

Xpressdocs was founded nearly 25 years ago as an innovator in marketing technology solutions and helps clients build better brands by providing unique products. Xpressdocs is focused on the creation, production, and distribution of branded materials, marketing collateral, and communications with solutions that streamline processes, automate tasks, and empower a distributed workforce throughout North America.

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Topics: Clients Procurement
1 min read

Client Spotlight: Museum of Modern Art

By 5 on May 31, 2022

5 began working with The Museum of Modern Art, New York by providing services that helped the museum capitalize on energy-related tax rebates that are available to non-profit institutions in Con Edison’s service territory. Recently, with rising energy prices, MoMA contracted 5 to help develop a new and proactive procurement strategy for the museum’s natural gas and electricity requirements. 5’s energy team worked with the museum to develop a plan that makes incremental purchases in a rising and volatile energy market. Applying these best practices enables the museum to reduce its exposure to volatile prices while also lowering energy costs over time.

5 also assisted MoMA in processing and submitting an application to the New York Power Authority (NYPA) to obtain an allocation of low-cost hydroelectricity through the ReCharge NY program. The successful electricity allocation from this program, which is available to qualified businesses and non-profits throughout the state, materially lowers MoMA’s energy costs over the seven-year term of this award.

5 is privileged to work with an institution like MoMA that is committed to preserving, promoting, and inspiring the arts today and for the next generation of artists.

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Topics: Clients Procurement

Client Spotlight: Empire State Realty Trust (ESRT)

By 5 on April 29, 2022

For the second year in a row, 5 is spotlighting one of our most innovative and iconic clients, Empire State Realty Trust. Earlier this month, ESRT announced their groundbreaking Empire Building Playbook: An Owner’s Guide to Low Carbon Retrofits. This publication, co-supported by NYSERDA and the Clinton Global Initiative, will help existing commercial buildings implement step-by-step carbon reduction processes with proven methodologies. 5 is proud to be among the core project team that helped ESRT with this game-changing playbook.

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Topics: Clients Sustainability Education Renewables Resiliency
1 min read

Client Spotlight: MacArthur Boulevard Baptist Church

By 5 on March 31, 2022

MacArthur Boulevard Baptist Church is a large church community in Irving, Texas with many families throughout the Dallas-Fort Worth Metroplex. The church campus consists of two large, interconnected buildings that support worship services and many other activities related to both youth and adult faith formation. Energy expenses are a significant operating expense, given the large campus and the numerous services offered by the church.

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Topics: Clients Procurement Sustainability Renewables
1 min read

Client Spotlight: Black Rifle Coffee Company

By 5 on February 28, 2022

Black Rifle Coffee Company (BRCC) is a Veteran-owned business that was founded in 2014 by former U.S. Army Green Beret, Evan Hafer. Through the company’s tremendous growth, they have committed to hiring 10,000 Veterans to provide opportunities to the military community to help build and support the brand. Additionally, the company also launched the BRCC Fund to support Veterans, first responders, and their families while helping to conserve the great American outdoors.

When companies experience fast-paced growth, several energy-related issues usually appear. That was certainly the case with BRCC when they first engaged the team at 5 for help. The first issue that needed to be addressed was the high rates that some of the BRCC locations were paying after simply calling a supplier’s 800-number to turn on service using a utility default price. In many cases, the supply rate for off-the-shelf pricing could be anywhere from 30-60% higher than competitive market rates obtained through customized pricing. The procurement team at 5 worked alongside BRCC to secure better rates while also selecting better contract terms and conditions based on the power market conditions. The result was dramatic savings for the client over an extended contract term.

In addition to obtaining better rates, BRCC also turned to 5’s Construction Services Team to handle new meter installations, temporary power, and permanent power cut-overs for each new store opening. The team at 5 delivered with accuracy and consistency as BRCC locations are no longer experiencing the frustration of delayed openings due to utility hurdles and extended lead times.

5’s Construction Services Team provides construction-related services to both general contractors on design-build construction projects and to clients that are expanding and building new facilities. In both instances, 5 is brought in as a part of the construction management team to provide the necessary planning and to serve as a liaison with the local utility. 5 works directly with architects, engineers, and general contractors to establish utility services that are coordinated with construction project timelines and in compliance with municipal inspection requirements.

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Topics: Clients Case Studies Procurement