$3 Billion North American Energy Company

THE CHALLENGE:
• Plagued by image problems due to declining service levels
• Increased distances to customers having dramatic impact on service
• Outdated service yards were built around 1950
• Underutilized leased and owned facilities

THE APPROACH:
• Deliver an Asset Consolidation Strategy with 12 Scenarios
• Monetize properties without negatively impacting operations
• Relocate trading business outside of the headquarters building to comply with
  industry regulations

THE RESULTS:
• Strategy unlocked nearly $70 million in capital over 12-18 months
• Transaction executed for downtown office space negotiated at 50% off
  current rate
• Consolidated operating yards from 14 to 7 without negatively impacting
   customer service