Schneider Electric, a global specialist in energy management, has entered into a formal, multi-year agreement to become the first “Founding Partner” of the new Las Vegas Arena currently under construction and owned by Las Vegas Arena Company partners AEG and MGM Resorts International (NYSE: MGM).
The comprehensive agreement calls for Schneider Electric to design, install and operate numerous technology-based systems throughout the venue. This includes lighting, the complete electrical infrastructure, metering (gas, water and power), HVAC, building security, power management and building automation. The ‘intelligent design’ provided by Schneider Electric’s SmartStruxure™ solution will give arena systems the ability to monitor the status of components and environmental parameters to ensure correct functionality during all modes of operation. This will allow the venue to be one of the world’s most automated and energy efficient sporting and concert venues with anytime, anywhere access to collective information throughout the facility.
Todd Goldstein, Chief Revenue Officer, AEG, said:
Schneider Electric is the global business that enables some of the largest and highest- profile organizations and infrastructure projects to be as energy efficient and sustainable as possible. We are proud to have Schneider Electric as our first Founding Partner in the arena, and we look forward to harnessing their expertise in the build out and ongoing operation of this venue.
Chris Hummel, Chief Marketing Officer, Schneider Electric, said:
We’re excited to be a founding partner in the completion of this top-flight arena. We are pleased that people in the Las Vegas area will benefit from the collaboration of Schneider Electric, AEG and MGM Resorts. Our organizations share a strong commitment to sustainability and believe in the importance of creating operations that maximize energy efficiency. The integrated solutions we will deploy throughout the arena will provide a single, real-time view into all critical infrastructure systems. This will enable a safe, reliable and energy efficient environment that enhances fan experience while helping to achieve significant savings on operating costs.
The privately funded, 20,000-seat, US$375m indoor arena, set to open in spring 2016, is located west of the Las Vegas Strip between New York-New York Hotel & Casino and Monte Carlo Resort and Casino. Las Vegas’ newest landmark is expected to host more than 100 events annually including boxing, UFC and other sporting events, major headline entertainment, awards shows and special events. The venue also will feature 50 luxury suites, more than two dozen private loge boxes and other specially designed exclusive hospitality offerings never before featured in a facility of its kind.
As one of the elite group of category exclusive brands designated as arena Founding Partners, Schneider Electric will receive a customized sponsorship package including, but not limited to, permanent and digital signage within the arena and on the exterior facade, an interactive concourse display and customized business-to-business connections.
Nick Baker, senior vice president, AEG Global Partnerships, said:
The process of creating this unique partnership originated more than two years ago; instantaneously, there was a shared belief in developing something new and different. Las Vegas is the absolute perfect global platform to demonstrate the vast reach of Schneider Electric products and services through best in show entertainment. New and different always takes trust and belief and we feel fortunate to have established these characteristics quickly with leaders such as Emmanuel Lagarrigue, Orlando Perez, Tony Wells and the full Schneider Electric team along with my colleagues at AEG including Scott Bosarge and Sam Piccione who were instrumental from the AEG side.
Mark Prows, senior vice president, Arenas for MGM Resorts International, said:
We are proud to have Schneider Electric, the worldwide leader in energy management, as our first founding partner of the Las Vegas Arena. The Arena will require an extensive selection of technical and sustainable elements ranging from hardware and power efficiencies to related distribution, safety and switching technologies, all of which are critical to our overall Arena operation. Schneider’s extensive commitment to our integrated Arena systems is not only key to our current success, but will help set us apart as we build the leading venue in the industry. We appreciate this new partnership and the value it brings to both entities.
AEG Global Partnerships, an affiliate of AEG that collaborates with more than 120 venues and other AEG assets worldwide to create sales and marketing platforms, is overseeing the sale of naming rights, sponsorships, premium seating and luxury suite sales for the new Las Vegas showplace.
Populous’ design for AEG & MGM Resorts’ new arena will have a monumental impact on the entertainment landscape of Las Vegas’ bustling Strip, providing the city with a first-class arena. When it opens in the spring of 2016, it will provide an elegant design and an impetus for a new kind of arena that thinks beyond traditional premium spaces and seating bowl configurations to pave the way for a new kind of sports and entertainment experience.