Monaco Embarks on First Self-Funded Energy Retrofit with Johnson Controls

  Monaco Embarks on First Self-Funded Energy Retrofit with Johnson Controls

  PR Newswire

  MONACO, Nov. 8, 2012

-- Project will be paid for by energy and operational savings, reducing energy
costs by 27 percent

MONACO, Nov. 8, 2012 /PRNewswire/ -- The Principality of Monaco has awarded
Johnson Controls, the global leader in building efficiency, a €2 million
contract to retrofit five public buildings, decreasing annual energy costs by
27 percent. This contract is the first of its kind in Monaco, called an
Energy Performance Contract, which will use energy savings over time to pay
for the entire upgrade with guaranteed savings.

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"The Principality is demonstrating great environmental and fiscal
responsibility by introducing this unique energy performance contract model to
the region," said Henri Mardegan, regional director, Energy Solutions, Johnson
Controls. "Energy retrofits provide economic and environmental payback and
with performance contracting, no upfront capital is needed. If the savings are
not achieved, Johnson Controls will pay the difference providing zero
performance risk to the Principality."

This contract is fully in line with the Climate & Energy plan of the
Principality to improve the energy performance of its 400 public buildings.
Johnson Controls will focus on the carabineers' barracks, public safety
offices, Rainier III conference centre and auditorium, international meeting
centre and Albert I school. Johnson Controls will oversee the project design,
equipment installation and maintenance for 12 years as part of the energy
performance contract.

This type of energy efficiency program is modeled after successful programs in
Germany. A notable example in Germany includes an energy savings partnership
implemented by the Berliner Energy Agency (BEA). The program upgraded more
than 1,300 facilities in Berlin reaching an average annual savings of 26
percent.

Johnson Controls has changed the way buildings are designed, built and
operated, making them more efficient and sustainable for more than 125 years
since its founder invented the electric thermostat. Johnson Controls has
executed more than 2,500 energy performance contracts globally and has
guaranteed nearly €6 million of energy savings for its customers. Johnson
Controls is the largest facility management company with 180 million in
managed square meters of managed space.

About Johnson Controls Johnson Controls is a global diversified technology and
industrial leader serving customers in more than 150 countries. Our 162,000
employees create quality products, services, and solutions to optimize energy
and operational efficiencies of buildings; lead-acid automotive batteries and
advanced batteries for hybrid and electric vehicles; and interior systems for
automobiles. Our commitment to sustainability dates back to our roots in 1885,
with the invention of the first electric room thermostat. Through our growth
strategies and by increasing market share we are committed to delivering value
to shareholders and making our customers successful. In 2012, Corporate
Responsibility Magazine recognized Johnson Controls as the #5 company in its
annual "100 Best Corporate Citizens" list. For additional information, please
visit http://www.johnsoncontrols.com .

CONTACT:Kari Pfisterer Kari.B.Pfisterer@jci.com + 1-414-524-4017

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Website: http://www.johnsoncontrols.com