Viking Cold Solutions Named Top Green Provider by Food Logistics
for Fifth Consecutive Year

The award recognizes companies whose products, services or exemplary leadership are enhancing sustainability within the cold food and beverage industry

HOUSTON, June 22, 2021 – Viking Cold Solutions, the leading thermal energy storage and refrigeration optimization service provider for low-temperature cold storage industries, announces it has been included in the 2021 Top Green Providers list from Food Logistics for the fifth consecutive year, underscoring the company’s sustainability contributions to the global cold chain.

The editorial staff evaluates a company’s participation in such programs as the EPA’s SmartWay and other recognized sustainability programs; facilities that are LEED-certified and/or feature solar panels, LED lighting and other energy-saving installations and retrofits; and other means of producing measurable reductions in GHG emissions.

“When the pandemic hit, I thought for sure that sustainability would be pushed to the wayside. But, in fact, the complete opposite happened. And, I couldn’t be more appreciative of the supply chain industry’s efforts in making sustainability top of mind in every aspect of their organization despite the many supply chain disruptions they continue to face,” said Marina Mayer, Editor-in-Chief of Food Logistics and Supply & Demand Chain Executive. “Sustainability is the key to success, and the recipients of this year’s award prove that when sustainability matters to them, they will continue to do great things and make a difference in the industry.”

Viking Cold Solutions Director of Marketing Damon Vance shared: “We are honored to once again be recognized by Food Logistics as a Top Green Provider. Our goal is not only to deliver cost-effective optimization solutions to refrigerated facilities but to also offer sustainable technology that helps preserve our planet for future generations.”

Recipients of this year’s award will be profiled in the June 2021 print issue. Go to www.FoodLogistics.com to view the full list of all 2021 Top Green Providers.

About Viking Cold Solutions
Viking Cold Solutions is the leading long-duration thermal energy storage and refrigeration optimization service provider to the energy-intensive frozen/low-temperature cold storage industry. Viking Cold delivers cost-effective and flexible energy management services which protect food and help reduce the environmental impact of refrigeration. Its patented Thermal Energy Storage system with phase change material (PCM) and intelligent controls reduce cold storage energy costs up to 35 percent or more, while improving temperature stability and optimizing refrigeration operations. Viking Cold Solutions’ TES systems have been measured, verified, and incentivized by energy utilities across the U.S. and are currently in use around the world providing efficiency to grocery stores, low-temperature warehouses, and restaurants.

For additional information, please visit www.vikingcold.com.

About Food Logistics
Food Logistics is the only publication exclusively dedicated to covering the movement of product through the global cold food supply chain, focusing on trucking, warehousing, packaging, risk management, food safety and more. Go to www.FoodLogistics.com.

Press Contact:
Damon Vance
Marketing Director
dvance@vikingcold.com
+1.832.899.4771

VIKING COLD SOLUTIONS ANNOUNCES LAUNCH OF XCEL ENERGY’S CUSTOM THERMAL STORAGE INCENTIVE PROGRAM

Utility Program Funds Up to 90% of Energy-Saving Technology Upgrades for Frozen Food Producers and Cold Storage Warehouse Operators in Colorado and Minnesota

HOUSTON, Sept. 22, 2020 (GLOBE NEWSWIRE) — Viking Cold Solutions, the leading thermal energy storage technology provider for the low-temperature cold storage and frozen food industries, announces the inclusion of its award-winning energy storage technology in Xcel Energy’s new Custom Thermal Storage Incentive Program, part of their Custom Efficiency programs in Colorado and Minnesota.

As an industry leader in delivering clean energy solutions, Xcel Energy is currently offering significant funding for energy-saving technology upgrades, such as Viking Cold’s Thermal Energy Storage (TES) systems, which safely reduce demand and add temperature resiliency and efficiency to low-temperature facilities with large energy needs.

The majority of the TES system and installation costs will be funded by Xcel Energy’s Custom Thermal Storage Incentive Program and the remainder can be paid for out of the energy savings. By working with the utility to deploy innovative technology that addresses grid challenges and reduces emissions, owners of cold storage and frozen food facilities can save up to 25% or more on their monthly energy costs.

“Xcel Energy’s support of Viking Cold technology is further confirmation that TES creates value for both the utility as well as frozen food and cold storage customers. The utilities are incentivizing customers to upgrade their facilities with the latest efficiency and sustainability technology, such as TES, to provide safe, long-duration demand reduction. This helps customers in Colorado and Minnesota achieve their financial and sustainability goals,” said Collin Coker, Viking Cold’s Vice President of Sales & Marketing.

Viking Cold works directly with Xcel Energy representatives to assist customers through the program application process to maximize incentives, install the TES technology, and optimize the facility’s operation and energy use.

To learn more about how to save money while reducing your environmental impact and to initiate the application process, go to vikingcold.com/xcel.

In addition to Xcel Energy, Viking Cold Solutions is proud to collaborate on demand management and efficiency programs in partnership with other prominent U.S. utilities shaping a clean energy future, including Eversource Energy, National Grid, Pacific Gas & Electric Co., Southern California Edison Co., San Diego Gas & Electric Co., and many more.

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About Xcel Energy

Xcel Energy provides the energy that powers millions of homes and businesses across eight Western and Midwestern states. Headquartered in Minneapolis, the company is an industry leader in responsibly reducing carbon emissions and producing and delivering clean energy solutions from a variety of renewable sources at competitive prices. For more information, visit xcelenergy.com.

About Viking Cold Solutions

Viking Cold Solutions is the leading long-duration thermal energy storage technology provider to the energy-intensive frozen/low-temperature cold storage and frozen food industries. Viking Cold delivers cost-effective and flexible energy management services that protect food and help reduce environmental impact. Its patented Thermal Energy Storage system with phase change material (PCM) and intelligent controls reduces cold storage energy costs up to 25 percent or more, while sustainably improving temperature stability and optimizing refrigeration operations. Viking Cold Solutions’ TES systems have been measured, verified, and incentivized by energy utilities across the U.S. and are currently in use around the world providing energy management and efficiency to utilities, grocery stores, low-temperature warehouses, and restaurants.

Viking Cold Colorado Contact:
Adam Valmoro
Regional Director
avalmoro@vikingcold.com
+1 949.375.3551 (m)

Viking Cold Minnesota Contact:
Brad North
Regional Director
bnorth@vikingcold.com
+1 302.383.0138 (m)

Press Contact:
Damon Vance
Marketing Director
dvance@vikingcold.com
+1 832.899.4771

HOUSTON, June 23, 2020 (GLOBE NEWSWIRE) — Food Logistics, the only publication exclusively dedicated to covering the movement of product through the global food supply chain, has named Viking Cold Solutions to the 2020 Top Green Providers list for the fourth consecutive year.

Each year, the criteria for earning a spot on the Food Logistics’ annual Top Green Providers list become more stringent for applicants. For example, the editorial staff evaluates a company’s participation in such programs as the EPA’s SmartWay and other recognized sustainability programs; facilities that are LEED-certified, and/or feature solar panels, LED lighting and other energy-saving installations and retrofits that produce measurable reductions in GHG emissions, to name a few.

“Our annual Top Green Providers award recognizes companies whose products, services or exemplary leadership enhance sustainability within the food and beverage industry. From technology that reduces a fleet’s carbon footprint to software that helps shippers drive energy efficiency to systems and processes that help reduce the carbon and environmental impact of their customers’ supply chains, these top green providers continue to practice the ultimate in sustainability year over year,” says Marina Mayer, Editor-in-Chief of Food Logistics.

Viking Cold Solutions CEO and President, James Bell, responded to the news that the company received its third cleantech-related award this year, “We are honored to be recognized as a Top Green Provider for the fourth year in a row. Helping our customers, such as Whole Foods, Sysco, and Americold, to improve their sustainability, increase resiliency, and better maintain and protect food along its journey is our mission. Viking Cold is committed to using our technology to work with food companies to create a more sustainable supply chain.”

About Food Logistics
Food Logistics is published by AC Business Media, a business-to-business media company that provides targeted content and comprehensive, integrated advertising and promotion opportunities for some of the world’s most recognized B2B brands. Its diverse portfolio serves the construction, logistics, supply chain and other industries with print, digital and custom products, events and social media.

About Viking Cold Solutions
Viking Cold Solutions is the leading long-duration thermal energy storage provider to the energy-intensive frozen/low-temperature cold storage industry. Viking Cold delivers cost-effective and flexible energy management services which protect food and help reduce environmental impact. Its patented Thermal Energy Storage system with phase change material (PCM) and intelligent controls reduces cold storage energy costs up to 35 percent or more, while improving temperature stability and optimizing refrigeration operations. Viking Cold Solutions’ TES systems have been measured, verified, and incentivized by energy utilities across the U.S. and are currently in use around the world providing efficiency to grocery stores, low-temperature warehouses, and restaurants.

For additional information, please visit www.vikingcold.com.

Sales Contact:

Collin Coker, Vice
President Sales &
Marketing
ccoker@vikingcold.com
+1.281.687.0919

Press Contact:
Damon Vance
Marketing Director
dvance@vikingcold.com
+1.832.899.4771

COMPANY BUILDS MOMENTUM AS IT POSITIONS FOR ACCELERATED GROWTH IN 2020

HOUSTON (GLOBE NEWS WIRE) – Viking Cold Solutions, the leading thermal energy storage provider for low-temperature cold storage industries, announced a record-setting year for the company in 2019, highlighted by several notable accomplishments that set the stage for continued strong growth in 2020.

Viking Cold’s 2019 revenue was more than six times greater than 2018 revenue, reflecting over 19,000 kWh of energy storage capacity deployed across 14 projects, saving energy and protecting food while also offsetting 13.4 metric tons of carbon emissions each year. The company’s market growth continues to increase as its total sales pipeline grew to more than $40 million during the year.

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ENERGY-SAVING THERMAL STORAGE SYSTEMS SUCCESSFULLY DEPLOYED IN WAREHOUSES OWNED BY LOGISTICS COMPANIES, FOODSERVICE DISTRIBUTORS, FOOD PROCESSORS, AND NON-PROFITS

HOUSTON and BOSTON (GLOBE NEWS WIRE) – Viking Cold Solutions, the leading thermal energy storage provider for low-temperature cold storage industries, has completed the installation of eight Thermal Energy Storage (TES) systems as part of a utility-backed demand management program in Massachusetts. These eight behind-the-meter TES systems store and facilitate management of approximately 1.3 megawatts (MW) of energy onsite, and do not require any additional real estate for the system components. The average size of the cold storage facilities in the program is approximately 50,000 square feet, with the largest being 157,000 square feet.

Installation time averaged 127 days from agreement to commissioning and removal of demand from the grid. The Greater Boston Food Bank was the first TES installation of the demand management program, which also includes industrial facilities owned by the world’s largest third-party cold storage company, the world’s largest foodservice distributor, and numerous frozen food processing companies.

Energy is the second highest direct operating cost for cold storage operators, who must run their refrigeration systems nearly 24 hours per day. Additionally, these facilities have the highest energy demand per cubic foot of any industrial category on the grid. Viking Cold’s TES systems not only store enough energy to cycle off refrigeration for up to 13 hours per day to avoid time-of-use and demand charges, they also improve the existing refrigeration systems’ efficiency and reduce consumption by more than 25 percent.

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Installation of thermal energy storage system allows the Food Bank to provide 10,500 more meals every year

BOSTON–(BUSINESS WIRE)–The Greater Boston Food Bank is starting the year off with a 75 percent reduction in energy use during targeted peak hours and substantial cost savings thanks to a partnership with Eversource and the installation of a new Viking Cold Solutions thermal energy storage (TES) system. The TES system for the Food Bank’s refrigeration units was installed at its 117,000 square-foot, high-efficiency Yawkey Distribution Center in South Boston.

HOUSTON (Business Wire) – Viking Cold Solutions, the leading Thermal Energy Storage (TES) provider, will work with Constellation, an Exelon (NYSE:EXC) company and a leading competitive energy provider, to offer its commercial and industrial refrigeration customers access to Constellation’s unique Efficiency Made Easy® (EME) program. The EME program helps businesses implement optimal energy conservation measures, such as Viking Cold’s TES systems, with no upfront capital expenditure. The cost for the upgrades is included in the monthly charges that appear on their Constellation power and gas supply bills.

Viking Cold’s first installation at Red de Frios in Monterrey, Mexico is also the first energy management system of its kind in the Mexican cold storage industry.

MONTERREY, MEXICO and HOUSTON, TX (Business Wire) – Viking Cold Solutions, the leading Thermal Energy Storage (TES) provider for the low-temperature cold storage industry, announced its partnership with Red de Frios to manage energy usage in one of its 2,500 square foot frozen food warehouses at Almacén Ruíz Cortines in Monterrey, Mexico. Viking Cold’s patented TES system reduces overall electricity consumption and shifts energy usage to less expensive periods of the day. This project is the first of its kind in Mexico, the second largest economy in Latin America, and marks the first installation of Viking Cold Solutions’ technology in Latin America outside of the Caribbean.

Viking Cold’s system was configured to operate specifically for Red de Frios’ utility rate structure and facility requirements. During the months of July, August, and September, some of the warmest months of the year, Red de Frios has seen a 20% reduction in energy consumption due to the TES system’s added efficiency. Additionally, during daily periods of high energy costs when refrigeration equipment is cycled off, Red de Frios has seen a slower increase in temperatures and greater temperature stability.

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Study Confirms 43% Decrease in Energy Consumption in an Ammonia-Refrigerated Warehouse with Viking Cold Solutions’ Thermal Energy Storage Technology – Significant Benefits for Cold Storage and Grid Operators

Richmond, CA and Houston, TX (Business Wire) — Viking Cold Solutions, the leading Thermal Energy Storage (TES) provider for the low-temperature cold storage industry, announced that its measurement and verification (M&V) study on Viking Cold’s TES technology at Dreisbach Enterprises’ 93,000 square foot frozen food distribution center in Richmond, CA  shows significant operational and financial benefits for utilities and the cold storage industry. The study demonstrated the ability of TES to mitigate the facility’s 13-hour peak period by simultaneously:

• reducing peak period energy consumption by up to 43 percent
• reducing peak demand within this peak period by up to 29 percent
• maintaining 50 percent more stable temperatures

Refrigeration is the third highest electricity consuming utility category, and the cold storage industry is a prime target for load distribution management solutions. Cold storage operators, the grocery industry, and utilities challenged with managing peak loads on the electrical grid can all benefit from the refrigeration efficiency and load shift capabilities of TES.

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Installation in Bay Area industrial warehouse to manage high energy costs caused by peak energy pricing and reduce electricity demand by over 55 percent.

RICHMOND, Calif. & Houston–(BUSINESS WIRE)–Viking Cold Solutions, the leading Thermal Energy Storage (TES) provider for the low-temperature cold storage industry, today announced it is partnering with a leading cold chain logistics provider in Northern California, Dreisbach Enterprises, to ensure temperature stability and manage energy usage at its Richmond warehouse. By installing a Viking Cold TES system, Dreisbach is again demonstrating their customer focus by adding more product temperature stability measures while reducing the electricity demand of the facility by over 55 percent – from 850 kilowatts to 400 kilowatts for 11 hours each day – and reducing its total electricity consumption by as much as 35 percent.