Birmingham sues Trane for $25 million over unmet energy savings promise.
The City of Birmingham has filed a lawsuit against Trane U.S. Inc., asking for $25 million in damages, saying the city was promised $102 million in energy savings that never happened.was filed March 30 in Jefferson County Circuit Court by the law firm Lightfoot, Franklin & White LLC on behalf of the city. The city says that Trane told the city that improvements to 119 city facilities would result in $102 million in guaranteed savings that would pay for the cost of the project.
The city alleges that the shortfall in savings and damages from the Trane project will exceed $25 million. “Trane engaged in nothing short of a bait-and-switch scheme that promised massive savings the company knew it could not deliver,” said Birmingham Mayor Randall Woodfin. “We entered into this energy performance contract in good faith based on promises from Trane.
Under the contract, Trane promised energy efficient upgrades to 119 city facilities — including City Hall, museums, libraries, administration buildings and police and fire stations — that would be paid for by $80 million in energy savings and $22 million in operational savings over 18 years, for a total savings of $102 million, the lawsuit says.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
With big investment in wildlife crossings, Colorado lawmakers hope to cut car-animal collisionsA car slamming into a moose doesn’t end with any winners, and Colorado lawmakers are looking at a $25 million bill — and potentially many times that amount from federal help — to preven…
Read more »
Zoë Kravitz, James Corden, Jim Carrey and More Respond to Will Smith Slapping Chris Rock'I'd have announced this morning that I was suing Will for $200 million.'
Read more »
Chris Rock ‘isn’t even thinking of suing’ Will Smith over Oscars 2022 slapJim Carrey says he’d slap Smith with a $200 million lawsuit, but friends of Rock say “he isn’t even thinking of suing, he’s focusing on his tour.”
Read more »
Jim Carrey Shames “Spineless” Hollywood for Applauding Will Smith at the OscarsIf Carrey were in Chris Rock’s position, he’d be “suing Will for $200 million,” the actor told CBS’s Gayle King.
Read more »
Biden planning to tap oil reserve to control gas pricesPresident Joe Biden is preparing to order the release of up to 1 million barrels of oil per day from the nation’s strategic petroleum reserve in a bid to control energy prices.
Read more »
Biden planning to tap oil reserve to control gas pricesPresident Joe Biden is preparing to order the release of up to 1 million barrels of oil per day from the nation’s strategic petroleum reserve in a bid to control energy prices
Read more »