12/14/2023 0 Comments Vicinity energy news![]() “Vicinity’s first heat pump complex in Cambridge, MA, which draws from proven examples in Europe, will be the largest in the U.S. I am very happy that we could win the trust and support of Vicinity Energy to work together on the application of our technology to Vicinity’s impressive district energy system.” Our heat pump technology can do that and we have showcases in the field in Europe to prove it. Hence the task is to reduce district heating systems’ dependence on coal or fossil fuel fired heat sources. “At the same time district heating systems are one of the most efficient and sustainable ways to provide heat to private households, commercial buildings and also industrial facilities. Without decarbonizing heat the global energy transition cannot succeed,” says Uwe Lauber. “The heating sector accounts for 30-40 percent of global CO2 emissions. The document was signed by the CEOs, Uwe Lauber for MAN Energy Solutions and Bill DiCroce, President and CEO at Vicinity Energy. Together, the companies will collaborate in the advocacy for and the development of low-temperature source heat pump systems for steam generation and their application in the district energy systems. View source version on businesswire.MAN Energy Solutions and Vicinity Energy have entered into a Memorandum of Understanding (MoU) in the field of heat pumps as a low climate impact energy source for district heating. Our 450+ skilled engineers, operators and energy experts have a singular dedication to our customers’ success and a relentless focus on delivering reliable and efficient energy products and services. With 13 networks in 10 major cities, Vicinity Energy is North America’s largest provider of district energy solutions, offering energy supply, infrastructure investment and management services to municipal, commercial and institutional customers with mission-critical energy needs. The infrastructure investment firm’s financial backing, coupled with Vicinity’s experienced team, poises the company for accelerated growth of its environmentally friendly products and services. The completion of this deal, which was announced in July and closed on December 30 th of last year, represents Antin’s first big energy acquisition in North America. ![]() Cities also recognize the important role we play in reducing the carbon footprint of their environs.” ![]() “Today’s energy landscape is evolving rapidly, which is why property owners, developers, and major institutions alike are increasingly gravitating toward this established technology, recognizing it as a green, cost competitive and super-reliable energy option. ![]() “With Antin’s strong financial backing and planned infrastructure investments, Vicinity has the opportunity to leverage its veteran expertise and apply it to the growth and advancement of district energy systems across the U.S.,” said William DiCroce, president and chief executive officer of Vicinity Energy. Developers can expect expedited permitting with a low carbon solution that requires no onsite combustion. Commercial property owners can transfer their energy risks while recapturing valuable amenity space such as parking and rooftops. For medical centers and hospitals, district energy supplied heating, cooling, humidification and equipment sterilization are crucial to patient clinical and surgical care. Sectors such as life science and biomed are embracing district energy technology due to its resiliency and reliability. These 450+ employees will continue to serve their client’s mission-critical energy needs. With over 50 years in the district energy business, the company’s leadership team - and experienced engineers, operators and energy experts - has remained intact as part of the terms of the sale. Supplied by over 400 megawatts (MW) of combined heat and power (CHP) production, Vicinity is a greener alternative to conventional heating/cooling/electricity supply and its plants are the most efficient large generators on their respective power grids. Headquartered in Boston, Vicinity Energy currently supplies energy and related services to in excess of 200 million square feet of building space with its largest networks located in downtown Philadelphia, Boston, Baltimore and Kansas City. It is the largest district energy provider in North America. The newly launched Vicinity Energy is comprised of central energy plants and associated distribution networks that supply steam or hot water, chilled water and electricity, across 13 networks in 10 major cities. The district energy business supports building owners, developers on a range of energy solutionsĪntin Infrastructure Partners, a global infrastructure fund, recently announced the creation of a new brand, Vicinity Energy, following its purchase of Veolia North America’s district energy assets in the United States.
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