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Credit Suisse Event
New York, NY, Jan 31, 2006

11 Madison Avenue Takes Part in Two New York Energy Smart Programs

Background

Built in 1932, 11 Madison Avenue in New York City is a 2.2 million square foot office building that houses the national headquarters of Credit Suisse First Boston. Atotal of seven 800-ton chillers are used to cool the building and data center. During the summer season, the building can peak close to 10 MWof energy use.

Recommendations

Realizing that the peak electric load as the facility had increased significantly over the past few years and is expected to continue to grow due the high energy demands of the data center, the owners of 11 Madison Avenue contacted the New York State Energy Research and Development Authority (NYSERDA) for assistance. Aproject team from the Trane Company and Energy Management Services, ECM, engineered a technical and financial solution that involved upgrading three chillers and installing an ice storage system.

An integral part of the financial solution was participation in the New York Energy SmartSM Peak-Load Reduction Program and the New York Energy SmartSM Commercial and Industrial Performance Program, administered by NYSERDA...

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