Enchanted Rock Ltd. and Tradition Senior Living Set New Standard in Reliability With State-of-the-Art Electrical Backup System

HOUSTON, Jan. 23, 2018 /PRNewswire/ -- Tradition Senior Living, LP (Tradition) has entered into a long-term agreement with Houston-based Texas Microgrid LLC (TMG) to provide Enchanted Rock's (ERock) On Demand Electric Reliability service for Tradition's newest campus, The Tradition-Buffalo Speedway in Houston, Texas. The project will be funded by Basalt Infrastructure Partners via TMG, a Texas-based project company. ERock specializes in resiliency microgrids, and will provide electrical backup service for Tradition's entire campus, including life safety. This level of reliability sets a new standard in the senior living industry, as the majority of current retirement facilities do not have complete backup power, only the backup of life safety systems. Given Houston's proximity to the Gulf Coast and the recent hurricanes that served as a reminder of the limitations of our electrical grid system, electrical reliability has become a critical component in senior living. Through ERock's On Demand Electric Reliability service, Tradition will be able to operate normally during power outages. ERock's service offers the ability to shelter-in-place, preventing evacuations that can cause significant mental and financial stress to the community. This provides peace of mind for residents and their loved ones and is just one more example of how Tradition provides the highest level of service to its residents.

"We are thrilled and feel that our residents will receive a tremendous benefit from our partnership with Texas Microgrid, which provides Enchanted Rock's comprehensive electrical backup system," said Tradition Founder and CEO Jonathan Perlman. "Through this backup, we have a system that will continuously run all electrical for our entire community, whether there is a hurricane or any other situation resulting in a total loss of electrical power. This backup service will run everything from our elevators all the way to our residents' closet lights."

ERock's On Demand Electric Reliability service will provide full backup for The Tradition-Buffalo Speedway. TMG owns and ERock operates and maintains the system for the life of the agreement, allowing Tradition to focus on its core business - the well-being of its residents.

James Vasquez, an ERock Senior Sales Executive said, "We are very excited about the partnership with Tradition Senior Living. They have a proven business model and we look forward to providing a critical service that will differentiate The Tradition-Buffalo Speedway from its competition. We are proud that Tradition chose ERock/TMG to provide the microgrid technology that will set a new standard for the industry."

About Tradition Senior Living

A Texas-based limited partnership, Tradition Senior Living (Tradition) specializes in developing, constructing and managing resort-style luxury senior living campuses that offer the full spectrum of Independent, Assisted Living and Memory Care. Its current portfolio includes two campuses in Dallas: The Tradition-Prestonwood (2010) and The Tradition-Lovers Lane (2015). The Tradition-Buffalo Speedway in Houston, Tradition's first venture outside of Dallas, is due to open late 2018 and will also be a continuum of care.

About Enchanted Rock

Founded in 2006, Enchanted Rock, Ltd. builds and operates cost effective resiliency microgrids that help companies efficiently manage the risk associated with electricity interruptions. In 2010, ERock became the first in Texas to provide utility grade backup power as a service. The company is responsible for the design, project management, installation, and commissioning of 275 MW of distributed generation, including 160 MW of Distributed Power Generation projects and 115 MW of customer reliability systems. The company currently has 90 MWs of customer resiliency microgrids under construction. ERock is the only distributed energy company combining expertise in energy market integration, control technologies, and construction, translating into more reliable and less expensive backup power for customers. ERock serves a wide range of industries including grocery stores, senior living facilities, travel centers, cold storage facilities, car dealerships, higher learning institutions and critical manufacturing facilities. For more information on ERock's unique reliability service offering, please contact info@erockhold.com.

About TMG

Formed in 2016, TMG provides backup generation to commercial and industrial customers throughout Texas. The company operates highly reliable and ultra-clean distributed natural gas engines, providing customers with a cost-effective solution for keeping the lights on during grid outages. TMG is a partnership between Basalt Infrastructure Partners LP (Basalt) and ERock. Basalt is an infrastructure equity investment fund focusing on investments in utilities, energy and transport infrastructure in the United States, Canada and Europe.

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SOURCE Enchanted Rock, Ltd.