WGL and Washington Gas Join Forces with Wizards
Energy Company Will Green Games in Nov., Dec. & Jan.
WGL (NYSE: WGL) and its subsidiary, Washington Gas have partnered with
the Washington Wizards for the Greening of Verizon Center for every home
game during the 2014-15 season. Games played on Nov. 15, Dec. 5 and Jan.
7 will highlight the partnership.
"We are thrilled to partner with WGL and Washington Gas to help green
the Verizon Center and assist us in our responsible and sustainable
practices," said David Touhey, Verizon Center senior vice president &
general manager. "Sustainability is an important issue and we are always
looking for ways to enhance our support of the environment."
WGL will be donating 410 WGES CleanSteps® Carbon Offsets to
counterbalance the carbon dioxide emissions for lighting,
heating/cooling, concession cooking as well as solid waste from all
Wizards home games at the Verizon Center during the 2014-15 season.
Offsetting 410 tons of carbon dioxide emissions is equivalent to:
Avoiding the consumption of over 46,000 gallons of gasoline, or
Planting over 10,500 tree seedlings that grow for 10 years.
"WGL clearly understands its responsibility as a corporate citizen, not
only by playing an integral role in the betterment of the communities we
serve, but also as stalwart stewards for a cleaner environment," said
Dr. Louis J. Hutchinson, III, chief revenue officer for WGL. "We are
excited to be 'Greening' every Wizards game for the 2014-2015 season,
and this is just the first of many initiatives that WGL is undertaking
that will illustrate and prove our commitment to making our region and
world a better place in which to live."
As part of this initiative, WGL has also entered a Public-Private
Partnership between WGL, Restore Together, Inc., and the Wizards. Local
nonprofit organizations supported by this partnership include: Central
Union Mission; New Hope Housing; The ARC; and G.I.R.L. Inc.
About WGL Holdings, Inc.
Headquartered in Washington, D.C., WGL Holdings, Inc. [NYSE: WGL] is a
leading source for clean and efficient energy solutions. Through our
affiliates and strategic relationships, the Company offers a diverse set
of energy sources including natural gas, wind, and solar as well as a
range of energy solutions - generation, storage, transportation,
distribution, supply, and efficiency, with activities in 30 states. WGL
has five main operating units: Washington Gas Light Company, a regulated
natural gas utility serving approximately 1.1 million customers in the
metropolitan Washington, D.C. area; Washington Gas Energy Services,
Inc., one of the largest natural gas, electricity and green energy
suppliers in the Mid-Atlantic; Washington Gas Energy Systems, Inc., a
distributed generation and energy efficiency business, offering solar,
fuel cell, combined heat and power, and other technologies across the
United States; WGL Midstream, Inc., a wholesale energy solutions
business, investing in and optimizing natural gas pipelines and storage
facilities in the Midwest and Eastern United States; and Hampshire Gas,
a natural gas storage business which owns and operates facilities in and
around Hampshire County, West Virginia. As product and service
innovation are critical for value creation and sustaining growth, we are
continuously increasing our assets and investments in targeted clean
energy sectors. This strategy supports WGL's core business, as well as
provides opportunity for growth through partnerships and investments.
WGL's diversity is its strength. We are dedicated to the sustainability
of our business, the customers and communities we serve, and the
environment. To learn more, visit www.wglholdings.com.
About Monumental Sports & Entertainment
Monumental Sports & Entertainment is one of the largest integrated
sports and entertainment companies in the country with one of the most
diverse partnership groups in all of sports. MSE owns and operates three
professional sports teams: the NBA's Washington Wizards, NHL's
Washington Capitals and WNBA's Washington Mystics. The group also owns
and operates Verizon Center, the premier sports and entertainment venue
in Washington, D.C. MSE also oversees the management of Kettler Capitals
Iceplex, the state-of-the-art training facility for the Capitals, and
George Mason University's Patriot Center.
About WGES CleanSteps Carbon Offsets
Washington Gas Energy Services', a WGL subsidiary, CleanSteps Carbon
Offsets are sourced from independently verified carbon-reduction
projects in the transportation and waste management sectors within the
Chesapeake Bay region. WGES CleanSteps Carbon Offsets have both present
and future environmental benefits that support cleaner air and water.
Through Washington Gas Energy Services' partnership with the Chesapeake
Bay Foundation (CBF), a portion of the proceeds from all offsets sold
support the Carbon Reduction Fund, which is managed by CBF and used to
develop future clean air and water projects throughout the Chesapeake
Bay region. To date more than $540,000 has been contributed to this
Fund, which has been used to plant over 11,000 trees in the Bay
Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20141113006391/en/
WGL Holdings, Inc.
Douglas Bonawitz, 202-624-6129
Source: WGL Holdings, Inc. and Washington Gas
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