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Read the latest updates from Bernhard.

DIF Capital Partners Invests in Sustainability and Energy Solutions with Acquisition of Bernhard, LLC

DIF Capital Partners (“DIF”), a leading global independent infrastructure investment fund manager, through its fund DIF Infrastructure VI, today announced an agreement to acquire Bernhard, LLC (“Bernhard”) the largest privately-owned Energy-as-a-Service (“EaaS”) solutions company in the United States, from an affiliate of Bernhard Capital Partners.

Bernhard has provided solutions to its customers’ energy and infrastructure needs for more than 100 years and shifted its focus in 2014 to becoming a leading Energy-as-a-Service provider. As part of this business model, Bernhard enters into long-term turnkey EaaS concession contracts to upgrade, retrofit and service large existing building energy facilities in order to achieve substantial energy savings. Clients are currently predominantly higher education and healthcare institutions. To date, Bernhard has closed 15 EaaS transactions, including the largest EaaS concession in U.S. history. Senior management will retain a meaningful ownership position and continue its groundbreaking work leading Bernhard.

“Bernhard delivers distributed energy through its unique EaaS model which provides clients access to fully integrated and efficient energy solutions, thereby significantly reducing the carbon footprint of their buildings and utility systems. Bernhard’s approach fits perfectly with DIF’s Public-Private Partnership expertise and ambition to invest in clean energy infrastructure solutions around the globe.” said Gijs Voskuyl, Partner and Head of Investments for DIF Infrastructure VI. “We are excited to partner with Bernhard’s outstanding management team and support the company in their rapid growth at the forefront of the energy transition.”

“As Bernhard continues pushing to new heights in the EaaS market, we are excited to join forces with DIF Capital Partners given its extensive experience with Public-Private Partnerships, district energy, Energy-as-a-Service projects, and a shared commitment to efficiency, ESG and sustainability” said Ed Tinsley, Bernhard CEO. “The support and strategic counsel from DIF will help to guide Bernhard through the next chapter of our story.”

With DIF’s acquisition of Bernhard, the company will continue the acceleration of its market leading core EaaS business to healthcare and higher education facilities while expanding those services to other markets and geographies.

“The future of Bernhard has never been brighter,” said Tinsley. “Our track record proves we have the expertise and capabilities to push the industry to places it has never been before. With this announcement, we are truly at the forefront of a new era for energy solutions that will shape the world for generations to come.”

Bernhard Crews Provide 24/7 Disaster Response Across South Louisiana as Hurricane Ida Devastates Facility Operations

As Hurricane Ida entered the Gulf of Mexico days before the 16th anniversary of Hurricane Katrina, prognosticators warned residents the storm could quickly ramp up to a Category 5 with devastating results for South Louisiana.

“This is one of the strongest storms to make landfall in modern times,” said Louisiana Gov. John Bel Edwards in the hours before Hurricane Ida descended on the region.

Roads began to fill with cars evacuating to neighboring states for shelter. Bernhard service vehicles were some of the few driving into expected disaster zones as crews were on emergency response standby.

“In Louisiana, storms are a way of life and we make sure storm response is integrated into our services so we can immediately address any concerns,” said Phil Garcia Jr., Bernhard executive vice president.”  “We are here to fully integrate and become part of facility operations, whether it is a storm, finding more efficient energy solutions or from a facility management standpoint.”

Hurricane Ida delivered on forecasters’ early projections and ravaged the region with maximum winds of 150 miles per hour, just shy of the 157 M.P.H. threshold to become a Category 5. Facilities and residents felt the impact as Ida menaced the area and left nearly one million people without power across Louisiana. Bernhard crews quickly went into action as power failed around the region, and managed to keep their customers running throughout the Category 4 storm with around-the-clock support.

“I am overwhelmed with pride in the Bernhard team,” said Michael Cooper, Bernhard executive vice president. “They have shown perseverance, ingenuity, technical aptitude, and in many instances bravery to act to avoid catastrophic failure in the highest pressure scenario possible.”

Bernhard partners include a majority of healthcare facilities across the region, which increased the importance of keeping facility operations going not only through the storm, but in the aftermath. With lives potentially at stake, crews used their versatility and technical excellence to address a wide variety of challenges.

“At Bernhard, we are there when facility operations need us the most,” said David Bell, electrical division president. “We allow them to focus on their mission-critical operations without the added stress of worrying about their energy operations during a disaster scenario.”

Utilities Restored

Many catastrophic failures were avoided thanks to Bernhard technicians and operators who embedded at customer facilities ahead of the storm. This enabled team members to react quickly and appropriately as Ida made landfall.

A primary concern following the hurricane was restoring power and air-cooling capacity to mission-critical facilities. Bernhard delivered dozens of backup generators while on-site crews kept generators running and repaired previously installed units if problems arose.

“There is no easy template to follow during disaster relief,” said Cooper. “Everything happens at a rapid pace and crews have to be incredibly flexible and quick with decision making.”

Crews were tested early in healthcare centers as an influx of displaced patients from neighboring facilities had to be rerouted to new rooms. Bernhard teams prepared 15 existing patient rooms in real-time by replacing, testing and repairing all outlets and light fixtures as needed and relocating multiple headwall rough-ins and outlets.

Bernhard’s electrical division is still providing 24/7 standby maintenance at four separate hospitals in the region and continue to observe generator function, check fuel levels, and assist in maintenance repairs needed while on site.

In one instance, teams delivered and installed two 500-ton air cooled chillers that enabled for full cooling of a hospital. In another, a generator caught fire forcing Bernhard teams to quickly bring redundant generators online.

Another challenge faced was when a campus lost access to domestic water and Bernhard teams had to either shift to river water or well water with filtration as a backup. This included providing piping connections from potable water tanks back to campus.

Wind Repair

Hurricane Ida’s cataclysmic wind speeds saw extreme roof damage throughout the region and even caused a roof to rip off at a Bernhard-serviced site. The team immediately re-piped the roof draining and plumbing system for the temporary roof to quell the risk of further damage. Afterwards, two tractor trailers of plywood and a trailer of drywall were delivered by Bernhard to utilize in the build back.

Everything in Between

Even though Bernhard is known primarily for their unparalleled energy services, the team also flexed their logistical capabilities by delivering more than 200,000 gallons of diesel to customers within the first five days of the storm’s landfall as it became apparent their normal suppliers would not be able to traverse the damaged roadways.

“The partnership between Bernhard and our customers has been excellent,” Cooper said. “It takes a true team to pull this together across so many facilities in a ravaged region.”

Cooper said the team will assess the challenges and successes from Hurricane Ida and use this as a learning experience to even better prepare for the next disaster. In South Louisiana, it’s not a matter of if another storm will hit, it’s a matter of when.

“We’ll have a lessons learned session immediately after the recovery to see where we can extend our disaster response and make these situations easier for everyone,” he said. “At Bernhard, we believe there’s always room to improve and always more we can provide to our communities and customers.”

To learn more about Bernhard’s disaster response services including their efforts during the COVID-19 pandemic, visit https://bernhard.com/disaster-response/

Bernhard Nominated for Project of the Year at Global P3 Awards 2021

Alabama project honored in Project of the Year – Social Infrastructure category

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Bernhard, the largest privately-owned integrated solutions and energy services provider in the United States, has been honored as a finalist for Project of the Year in P3 Bulletin’s P3 Awards 2021. Finalists from across the world have been selected for their excellence in the area of Public Private Partnerships (P3).

“It is an honor to be recognized globally for our work in the P3 arena,” said Rob Guthrie, executive vice president of the development division at Bernhard. “Each of these projects offer unique benefits for the public sector, and we are proud to be among the leaders of this movement in the United States.”

The P3 Awards 2021 spotlights multiple categories celebrating the exemplary organizations, projects and individuals that have strengthened the development and implementation of P3s around the world.

Bernhard’s work with East Alabama Medical Center (EAMC) was selected as one of 10 finalists in the Project of the Year – Social Infrastructure category. The nominees include projects located in the United States and Canada.

“Bernhard has been an invaluable partner during COVID-19,” said Greg Nichols, executive vice president and administrator at EAMC. “Our work together turned a catastrophe into a catalyst for positive, long-lasting change for our organization, and the health of our community.”

Bernhard and EAMC entered an energy asset concession agreement giving Bernhard the right to use, maintain and renew EAMC’s energy infrastructure over a 30-year term. The project provided for crucial upfront energy optimization improvements, substantial projected annual energy savings, and a significant upfront cash payment to EAMC. The transaction is set to provide $826,000 in annual estimated energy savings and $30 million in improvements to the facility. The partnership not only provided EAMC exactly what it needed to meet patient and employee comfort needs, but also enabled an immediate allocation of crucial resources for fighting COVID-19 and saving lives.

The judging panel for the P3 Awards 2021 comprised a broad spectrum of more than 80 industry professionals representing both the public and private sector. The judges were selected based on their expertise, experience and integrity in the P3 market.

“Being shortlisted as one of the 10 best P3 projects in the world really speaks to the incredibly talented team we have at Bernhard and their willingness to innovate and push the industry forward,” Guthrie said.

Winners will be announced November 4, 2021, in New York City. To learn more about these awards and the other finalists, visit P3Awards.partnershipsevents.com. To learn more about Bernhard’s work with EAMC, visit Bernhard.com.

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Scott Waguespack Named Senior Vice President of Corporate Administration

Bernhard recently announced that Scott Waguespack has been hired as the company’s Senior Vice President of Corporate Administration. Waguespack is responsible for the management of all human resources, marketing and communications functions within the company, as well as facilities and key administrative functions.

Waguespack brings with him decades of experience in the HR and administrative realm. He will leverage his expertise in organizational development, employee engagement and performance management, and complex problem-solving to oversee and advance key initiatives and position Bernhard for continued growth.

“Scott’s expertise and relationship-focused mindset make him a valuable addition to the Bernhard team,” said Melissa Samuel, chief legal officer at Bernhard. “We know his leadership will help us grow in a sustainable, strategic manner to continue to deliver optimal solutions for our clients.”

With more than 25 years in this field, Waguespack is well-versed in assessing risk, developing strategies and implementing positive changes to achieve sustainability and growth in challenging market conditions.

“I look forward to building relationships with employees and clients alike at Bernhard,” said Waguespack. “I know I am joining a powerhouse team and together we can create opportunities for growth and the enhancement of our key values and goals.”

Waguespack has served companies in the oil and gas, technology, construction and fabrication, and engineering industries. He holds a Bachelor of Arts in general studies from Nicholls State University in Thibodaux, Louisiana.

Bernhard Prioritizes Sustainability with Creation of Vice President of ESG Position

Bernhard is continuing their focus towards a better future with the announcement of Alyssa Jaksich as their first Vice President of Environmental, Social and Governance (ESG). The new position demonstrates the company’s commitment to deliver innovative engineering, construction, and energy solutions that work to promote sustainability across the industry.

“Not only are customers becoming more critical of their own ESG performance, they are also turning that lens on us,” said Ed Tinsley, chief executive officer at Bernhard. “With eight of the top 10 business risks identified by the World Economic Form being ESG related, it is becoming increasingly clear that a heightened awareness of ESG factors is critical to sustaining success.”

Jaksich will develop, consolidate, operationalize, and publicize Bernhard’s ESG strategies and initiatives through coordination with multiple internal teams and business stakeholders, furthering Bernhard’s ongoing mission of promoting sustainability.

“Ethics, safety, teamwork, and innovation are the very foundation and fabric of our work,” said Melissa Samuel, chief legal officer at Bernhard. “As a result of Alyssa’s diverse experience, she has come to embody these values while gaining an intimate awareness of both internal and external needs for ESG.”

Under Jaksich’s leadership, Bernhard will establish clearly defined goals to enhance its commitment to reducing energy costs and greenhouse gas emissions, improving its internal diversity, equity, and inclusion efforts, and creating momentum behind its charitable giving and community engagement efforts. The company’s ESG framework will focus on transparency, stakeholder engagement and performance tracking to measure results.

“Establishing an ESG program cannot be a paper or marketing exercise – there must be real commitment behind our policies and initiatives paired with quantitative and transparent reporting mechanisms,” said Jaksich, “I am extremely excited for the opportunity to work alongside our executive team to further embed ESG initiatives into Bernhard’s culture, business plan and strategy.”

Jaksich previously served as Bernhard’s Vice President of EaaS implementation where she led a team focused on increasing efficiencies within the solutions division at Bernhard, particularly related to Energy-as-a-Service (EaaS) projects. She was a key driver in the development of Bernhard’s industry leading measurement and verification services, and was heavily involved in the development of numerous EaaS projects. Jaksich earned a Bachelor of Arts degree from Hendrix College in Conway, Ark., double majoring in chemical physics and economics.

Bernhard Promotes Lyndsey Mitchell to Vice President of Human Resources

Bernhard announced the promotion of Lyndsey Mitchell as the company’s vice president of human resources. Mitchell previously served as Bernhard’s director of human resource integration systems (HRIS), where she led the company’s implementation of a new HCM system.

In this role, Mitchell will leverage her expertise in human resources management to provide strategic leadership to the company’s HR functions, including talent acquisition, talent development, benefits and compensation, and employee relations.

“Lyndsey is an invaluable asset to our company and our employees,” said Melissa Samuel, chief legal officer at Bernhard. “We are confident that her professional expertise and knowledge of the company will enable her to drive our efforts to acquire and develop talent, as well as implement key HR strategies for the future of Bernhard.”

Mitchell has more than 15 years of experience in human resources and recruitment as an HR manager, HRIS analyst and recruitment manager. Prior to joining Bernhard, she served as the HR manager for the Water Institute of the Gulf where she was responsible for all aspects of HR for the Institute.

“I have loved working with the Bernhard team over the last year,” said Mitchell. “I am ready to continue supporting the company’s mission, vision and values by serving in an executive-level role with this incredible team.”

Active in the professional community, Mitchell is currently a member of the Society for Human Resource Management where she is registered as a certified professional. She holds a certificate as a Professional in Human Resources. She earned a Bachelor of General Studies in social sciences from Louisiana State University.

Melissa Samuel Named Chief Legal Officer

Bernhard is pleased to announce that Melissa Samuel has been named the company’s Chief Legal Officer (CLO). Since joining Bernhard in 2018, Samuel has worked with the Executive Leadership Team on a myriad of legal and operational matters designed to advance key initiatives and position Bernhard for continued growth.

“Melissa has proven to be an incredible asset for our company and our culture,” said Chief Executive Officer Ed Tinsley. “She has demonstrated the kind of solutions-oriented mindset that is at the heart of our core values and makes her ideally suited for this role.”

In her expanded role as CLO, Samuel will oversee all aspects of the legal department, including transactions, compliance, corporate governance, major claims, labor relations, employment law, and corporate risk management.

Samuel has more than 25 years of legal experience, with more than 13 years of experience in the engineering and construction industry. Throughout her career, she has focused on strategic legal partnerships with operations to find optimal and sustained solutions. Prior to joining Bernhard, Samuel served as senior vice president for H&E Equipment Services overseeing HR, legal and safety, and as vice president and associate general counsel for The Shaw Group, Inc.

Bernhard, LCMC Health Announce Landmark Energy Arrangement

Bernhard and LCMC Health have announced a 15-year agreement to provide Energy-as-a-Service (EaaS) solutions at six of LCMC Health’s facilities. The EaaS arrangement, the largest of its kind in U.S. healthcare history, transfers the risk of utility operations and maintenance of LCMC Health’s chilled water system to Bernhard and allows for state-of-the-art infrastructure upgrades.

“This agreement allows us to improve and strengthen our facilities, better serve the needs of our community, and focus on our healthcare mission,” said Greg Feirn, LCMC Health CEO. “Bernhard’s technical, design, and financial experience in projects across the country proves they understand the stakes to provide not only sustainable, but reliable energy services for healthcare facilities.”

In the first two years of the partnership, Bernhard will deliver improvements to LCMC Health’s infrastructure that will create efficiencies and improvements in each facility’s operations, and provide utility cost savings once the improvements are completed. Cumulatively, the improvements are expected to yield a 26% reduction in LCMC Health’s enterprise carbon footprint.

“LCMC Health and Bernhard share in the belief that environmental responsibility should not just be an added benefit, but it should be our responsibility to ensure every decision we’ve made in the agreement will protect the natural environment of our shared communities,” said Ed Tinsley, Bernhard CEO. “The carbon footprint we are reducing is equivalent to more than 140,000 cars taken off Louisiana roads.”

With the agreement, LCMC Health joins a group of health systems, including Ochsner Health, Franciscan Missionaries of Our Lady Health System, East Alabama Medical Center, The University of Arkansas for Medical Sciences, and Midland Health in Texas, each of which has executed similar agreements with Bernhard.

The LCMC Health transaction further represents an important milestone in Bernhard’s exclusive agreement with HealthTrust and ProStar Energy. As one of the nation’s leading performance improvement organizations, HealthTrust offers procurement and supply-chain services to more than 1,500 U.S. hospitals and health systems, including LCMC Health.

“Our work with HealthTrust members across the United States illustrates how we can marry our proactive management, technology, and experience to offer efficient and reliable services time after time,” said Tinsley. “By leveraging the experience and expertise Bernhard provides, this first-of-its-kind transaction allows LCMC Health to focus more exclusively on its core objective of providing the best possible patient care at the most affordable cost.”

Bernhard’s Phil Watson Named to Consulting-Specifying Engineer 2021 40 Under 40 List

Phil Watson, Director of Engineering Design at Bernhard, one of the largest privately-owned engineering, mechanical and electrical contractors in the United States, has been recognized by Consulting-Specifying Engineer in its 2021 40 Under 40 list.

“Phil is an invaluable member of our team and fully deserving of this honor,” said Rob Guthrie, vice president of business development at Bernhard. “Due to his multi-disciplinary knowledge and his strong communication and organization skills, he has developed a profound rapport with his core clients and his teammates, resulting in an efficient and earnest work product that is tailored to his client’s specific needs.”

This award is given annually to 40 nonresidential building industry professionals ages 40 and younger who stand out through a mixture of personal and professional aspects of their lives.

“If the technical proficiency, breadth of experience and self-assured attitudes don’t impress you, then the dedication given to mentoring, the community and family certainly should,” said Amara Rozgus, editor-in-chief of Consulting-Specifying Engineer. “Now in its 14th year, the 2021 40 Under 40 winners are more creative, attentive and passionate than most professionals at any phase of their career, leading them to succeed in their respective professions.”

Watson joined the Bernhard team in 2013 as a mechanical designer. He received his B.A. in architectural engineering from Kansas State University and quickly grew his expertise in building engineering design. Watson became one of the youngest project managers in the company, kick-starting his role as a leader within Bernhard.

“I am honored to be recognized nationally among my peers and have my team to thank for this honor,” said Watson. “Bernhard has created opportunities for me to advance my skills and engage more deeply with my community and for that I am grateful.”

Watson has developed a cycling club at Bernhard, as well as many internal training efforts for the company including Revit Training (3D modeling software), on-board training for mechanical designers, and a project management workshop for young project managers. He is also very passionate about STEM education and is an active member of the American Society of Heating, Refrigerating and Air-Conditioning Engineers as the chair of the Young Engineers group. He regularly speaks at local schools and career fairs to help spread awareness of career opportunities in engineering.

Candidates for this list were nominated by a colleague or mentor and judged by industry experts based on nine areas, including their commitment to leadership in their academic, professional, personal and community involvement

Energy-as-a-Service Transaction Provides Lifeline to East Alabama Medical Center

COVID-19 has presented a wide array of unexpected and difficult experiences for businesses to navigate. Hospital administrators feel the pressures of balancing their budgets with looming financial constraints all during a burgeoning global health crisis. Even before the pandemic erupted, East Alabama Medical Center (EAMC) in Opelika found itself with a backlog of capital renewal and deferred maintenance, including crucial steam plant renovations on hold due to a lack of cash on hand. The administration did not want to take on debt in order to maintain a healthy credit position, but the necessary upgrades and opportunities for increased energy efficiencies and occupant comfort weighed heavy. The team partnered with Bernhard to begin exploring a solution and then, COVID hit.

“When the pandemic began to escalate, we felt like we were backed into a corner,” said Sam Price, EAMC’s chief financial officer. “A lack of on-hand resources went from a back-burner issue to a critical, immediate concern.”

As COVID-19 surged, Alabama particularly felt the oncoming devastation. Early in April, Alabama was projected by models to have the fourth-highest rate of COVID-19 fatalities in the United States. High-revenue elective procedures were deferred to make room for more beds for patients. Without these high-margin lines of service, resources became tighter and the need for a lasting solution became dire. EAMC officials decided to leverage all of their resources to give their community the best possible chance against the virus.

Most facilities were hesitant to make changes in the increasingly volatile environment, but EAMC realized the energy asset concession agreement under review with Bernhard was the best choice of action. Bernhard’s unique and tailored financing, integral to its Energy-as-a-Service model, and plan for energy optimization and enhanced occupant comfort created the ideal solution at the perfect time.

“The increasing demands on our facilities led to a daunting backlog of deferred maintenance, which was exacerbated during this time. Bernhard delivered a solution that allowed us to get ahead of the virus and keep our community as safe as possible.”Sam Price, EAMC CFO

The two entered an energy asset concession agreement giving Bernhard the right to use, maintain and renew EAMC’s energy infrastructure over a 30-year term. The project provided for crucial upfront energy optimization improvements, substantial projected annual energy savings, and a significant upfront cash payment to EAMC. The transaction is set to provide $826,000 in annual estimated energy savings and $30 million in improvements to the facility. This is in addition to the $40 million net advance lease payment EAMC received; that’s immediate cash on hand and credit positive with a competitive interest rate.

Notably, under the Energy-as-a-Service model, the acquisition of the assets by Bernhard and recurring monthly service charges to Bernhard are off-balance sheet and credit-positive for EAMC. Bernhard worked with Warren-Averett, EAMC’s auditor, and Ernst & Young to review the relevant accounting considerations and ensure an off-balance sheet outcome. The hospital’s rating agency (Standard & Poor’s) agreed with the accounting treatment and viewed the transaction largely as credit-positive.

“We were eager to partner with EAMC’s two hospitals to serve the east Alabama area,” said Bernhard’s Executive Vice President of Business Development, Rob Guthrie. Our agreement empowers EAMC to focus its energy and resources on its core mission of providing high-quality, compassionate health care. We are proud to offer our expertise to deliver and sustain a win-win outcome for the next 30 years.”

The upfront improvements to infrastructure addresses a backlog of deferred maintenance at EAMC, including upgrades to:

  • Chilled water, tower water, heating water and steam systems
  • Air handling units
  • Building controls
  • Electrical infrastructure

Bernhard will also install a heat pump chiller heater, optimize procedure rooms, install LED lighting and facilitate retro-commissioning of the building’s automation system. These upgrades create efficiencies and improvements in the facility’s operation and also result in optimized energy savings.

“We are excited to partner with Bernhard on this long-term project and appreciate its critical role in helping EAMC allocate scarce capital resources for the things we need most to take the best possible care of patients,” said Price.

This energy asset concession transaction not only provides EAMC exactly what it needs to meet patient and employee comfort needs, but also enables an immediate allocation of additional resources for fighting COVID-19 and saving lives. The community is now better armed to fight COVID-19 while the facility added energy optimization, which creates future savings. For EAMC, COVID-19 became the catalyst for a positive and long-lasting change.