The project, which will reduce energy use, increase energy security, and meet energy demands from renewable sources, is taking place thanks to a $170 million, 23-year energy savings performance contract from Naval Facilities Engineering Command (NAVFAC) to Constellation, a subsidiary of Exelon Corporation. In October 2015, military and civilian leaders officially marked the start of America's first Borehole Thermal Energy Storage system – a state-of-the-art ground source heat pump system – with a ribbon-cutting ceremony at the Marine Corps Logistics Base Albany. The project includes the installation of an 8.5-megawatt biomass-fueled, steam-to-electricity (STE) generator, high-efficiency transformers, lighting and boiler upgrades, as well as system controls for a landfill gas electricity generator and centralized monitoring and operation of electricity generation and distribution for the base.