Enron Energy Services (EES) inked its largest energy management outsourcing contract last Tuesday, as Suiza Food Corp., a Dallas-based manufacturer and distributor of dairy products, agreed to receive comprehensive energy management services at more than 50 manufacturing facilities in 24 states. The contract continues EES’ outsourcing success, marking the fourth major deal in the last five months.
Enron will manage all aspects of Suiza’s energy consumption. It will design, build and finance infrastructure projects, manage commodity consumption, and deliver a consolidated monthly invoice. “This long-term agreement with Enron enables us to focus our time and capital on growth in our core business,” said Gregg Engles, CEO of Suiza.
EES signed Packaged Ice Inc. to a similar deal last May, which covered 60 ice manufacturing facilities and was priced at a commodity-to-production level. Last March, EES signed Ocean Spray Cranberries Inc. as well as the Archdiocese of Chicago to multi-year, multi-million dollar energy management contracts (See NGI, March 15).
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