We are excited to announce that TEAL has entered its 14th state in the nation, New Mexico! Three new properties, including View House Apartments and Highland East, will include a TEAL System to deliver domestic hot water to future residents. All three projects are located in the city of Albuquerque and are expected to reach construction completion in 2023.
Over the past 17 years, TEAL has been expanding its geographic footprint across the United States, with over 350 systems under TEAL management, serving 80,000+ units nationwide. As we continue to expand our portfolio into the West Coast, TEAL looks forward to providing developments with energy-efficient central plant solutions for chilled water, domestic hot water, and hydronic heat, that significantly reduce each properties’ carbon footprint and landfill mass production by eliminating the industrial waste that is associated with individual water heaters.
We are proud to have a presence in the State of New Mexico and look forward to seeing the continued construction progress of the three Albuquerque developments. In addition to the three projects listed above, there are several other New Mexico developments currently in design that will deploy a TEAL System — these projects will be announced shortly, so please stay tuned. We are proud to be able to turn the State of New Mexico TEAL on our portfolio map, and look forward to announcing several new Western states in the near future!
TEAL was established in 2004 in Houston, Texas, to provide Owners, Developers, Investors, and Property Managers with innovative, sustainable, and vertically-integrated managed central plant solutions. With the unique concept of “mechanical equipment as-a-service,” TEAL combines cloud computing and remote monitoring technology to deliver chilled water, domestic hot water, or any combination of the three to public and private developments nationwide. TEAL’s technology uses data-driven machine learning algorithms for virtual supervision to ensure ZERO-downtime 24 hours per day, 365 days per year. TEAL’s business solutions provide the building Owner with best-in-class efficiency that delivers the lowest total cost of ownership.