Vicinity’s complaint argues that the pricing is “anti-competitive and designed to make district energy steam, an alternative to natural gas service provided by Philadelphia Gas Works, significantly more expensive for customers.” View source version on businesswire.PGW presented Vicinity with an offer in February that would increase the price of gas supplied to Vicinity’s Grays Ferry plant by over 1,000% beginning in 2023, when PGW and Vicinity’s current contract expires. To learn more, visit or follow us on LinkedIn, Twitter, Instagram, or Facebook. Vicinity is committed to achieving net zero carbon across its portfolio by 2050. Vicinity continuously invests in its infrastructure and the latest technologies to accelerate the decarbonization of commercial and institutional buildings in city centers. Vicinity produces and distributes reliable, clean steam, hot water, and chilled water to over 230 million square feet of building space nationwide. Vicinity Energy is a clean energy company that owns and operates an extensive portfolio of district energy systems across the United States. To learn more, visit or follow us on Linkedin or Instagram. IQHQ has offices in San Diego, Boston and the UK. IQHQ’s focus is to acquire, develop, and operate sustainable transformational life science districts in the innovation hubs of San Francisco, San Diego, and Boston in the United States, and the United Kingdom. IQHQ is giving progress a home, empowering the life science community to thrive and succeed by creating and developing districts that inspire innovation and drive progress and growth. "This eSteam partnership not only signifies our commitment to a clean energy future, but it also demonstrates the commitment from progressive, innovative industry leaders, like IQHQ, who are committed to lower carbon emissions and to combat climate change."Ĭlick here to read more about Vicinity’s district energy systems and its commitment to innovation and the environment. "We are proud to partner with IQHQ as our first carbon-free eSteam TM customer to reduce their buildings' carbon emissions and enable IQHQ to achieve their ESG goals while complying with the city’s BERDO 2.0 regulations," said Bill DiCroce, president and chief executive officer of Vicinity Energy. eSteam TM is the nation's first 100% carbon-free renewable energy product, providing a one-stop-shop for Greater Boston businesses and institutions grappling with enforceable emissions performance standards and cities tackling the highest source of emissions. to commit to fully decarbonizing its operations, offering renewable thermal energy by installing electric boilers, industrial-scale heat pumps, and thermal storage at its central facilities starting in Boston and Cambridge, with its other districts to follow. Vicinity is the first district energy company in the U.S. Vicinity’s expansion into Boston’s Fenway neighborhood marks a significant milestone in Vicinity's Clean Energy Future plans, and paves the way for more building owners and property managers to leverage eSteam TM for rapid building decarbonization to combat climate change and meet sustainability goals. "We are excited to partner with Vicinity Energy to decarbonize the steam serving our projects." "At IQHQ, we have a commitment to developing class-A life science districts that provide our tenant, visitors, and communities at large with healthy, resilient, and responsible spaces," said Jenny Whitson, Director, Sustainability & ESG for IQHQ. Vicinity will begin delivering carbon-free eSteam TM in 2024. Fenway Center will include nearly 1 million square feet of commercial office and lab space built over the Mass Pike, and will become the anchor of IQHQ’s FWD district. IQHQ is also pursuing eSteam TM at its Fenway Center development, a mixed-use, transit-oriented life science campus located at the western gateway to Boston. The 305,000-square-foot office and laboratory space is part of IQHQ’s FWD district, a growing life science cluster connecting Kenmore Square with the Longwood Medical Academic Area. Under the agreement, IQHQ’s development at 109 Brookline Avenue will use 100% eSteam TM for heating-making it one of Boston’s first entirely carbon-neutral buildings. Vicinity will provide eSteam TM, its new carbon-free, renewable thermal energy offering to IQHQ to rapidly decarbonize IQHQ’s developments in the Fenway neighborhood district. Vicinity expands service to the Fenway area to offer carbon-free eSteam TM to support IQHQ’s ESG goals.īOSTON, February 08, 2023-( BUSINESS WIRE)- Vicinity Energy, a national decarbonization leader with an extensive portfolio of district energy systems across the United States, announced a long-term partnership with IQHQ, Inc., a premier life sciences real estate development company focused on leadership in sustainability.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |