AAR completes installation of solar panels at Airframe MRO – Greensboro facility, highlighting the Company’s commitment to sustainability

AAR adds solar panels to Hangar 1 (pictured) and other buildings at its Airframe MRO facility in Greensboro, North Carolina. (Photo credit: Phelps Clarke).

Wood Dale, Illinois — AAR CORP., a leading provider of aviation services to commercial and government operators, MROs, and OEMs, completed the installation of 7,770 solar panels at its Airframe MRO facility in Greensboro, North Carolina, emphasizing the Company’s commitment to sustainability.

Installed on six buildings, the solar panels are expected to reduce approximately 2,000 metric tons of carbon emissions annually and offset 50% of the facility’s energy usage. When the solar panels produce excess energy, the system enables AAR to deliver it back to the grid.

As part of the project, Pisgah Energy, the designer, developer, and installer of the new solar panels, conducted a solar feasibility study and glare hazard analysis in collaboration with the FAA and Piedmont Triad International Airport.

“Installing solar photovoltaic on airport property is challenging in and of itself. The sheer scale of the AAR project is on a different level, demonstrating a strong commitment to reducing CO₂e emissions through the generation of on-site renewable energy. In fact, at 4.6MWdc, collectively, these projects represent Guilford County’s largest rooftop solar installation. As a Greensboro native, it’s a real point of pride for my company to have played a part in that achievement,” said Evan Becka, Pisgah Energy’s President and Senior Project Developer.

“As we celebrate Earth Day, we are proud to add solar panels to another facility, further demonstrating our investment in sustainability,” said Jessica Garascia, AAR’s leader of sustainability efforts and its Senior Vice President, General Counsel, Chief Administrative Officer, and Secretary.

For more information on AAR’s sustainability initiatives, visit https://www.aarcorp.com/en/about/sustainability/.

About AAR
AAR is a global aerospace and defense aftermarket solutions company with operations in over 20 countries. Headquartered in the Chicago area, AAR supports commercial and government customers through four operating segments: Parts Supply, Repair & Engineering, Integrated Solutions, and Expeditionary Services. Additional information can be found at aarcorp.com.

About Pisgah Energy
Pisgah Energy provides comprehensive solar and energy storage design, development and construction services for commercial, municipal, and institutional clients across the Southeast. Based in Asheville NC, its mission is to lead the transition of commercial, municipal, and institutional clients from fossil fuels to renewable energy sources. The Pisgah Energy team has a combined 50+ years of experience in the renewable energy industry and a proven track record of developing innovative solar and energy storage projects that are uniquely tailored to meet the needs of each individual client.

This news piece may contain certain statements relating to future results, which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995, reflecting management’s expectations about future conditions, including anticipated benefits related to the solar panels and investments in sustainability initiatives. Forward-looking statements may also be identified because they contain words such as ‘‘anticipate,’’ ‘‘believe,’’ ‘‘continue,’’ ‘‘could,’’ ‘‘estimate,’’ ‘‘expect,’’ ‘‘intend,’’ ‘‘likely,’’ ‘‘may,’’ ‘‘might,’’ ‘‘plan,’’ ‘‘potential,’’ ‘‘predict,’’ ‘‘project,’’ ‘‘seek,’’ ‘‘should,’’ ‘‘target,’’ ‘‘will,’’ ‘‘would,’’ or similar expressions and the negatives of those terms. These forward-looking statements are based on beliefs of management, as well as assumptions and estimates based on information currently available to management and are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or those anticipated. For a discussion of these and other risks and uncertainties, refer to “Risk Factors” in AAR CORP.’s most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. Should one or more of these risks or uncertainties materialize adversely, or should underlying assumptions or estimates prove incorrect, actual results may vary materially from those described. These events and uncertainties are difficult or impossible to predict accurately and many are beyond management’s control. Management assumes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.

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