Paul Brent, Real Estate News Exchange
April 27, 2017
Summary
Residents of the GTA likely immediately think of Enwave Energy Corporation as a provider of green, chilled water to Toronto’s skyscrapers drawn from the depths of Lake Ontario.
It turns out there is so much more to the Toronto-based company.
With little fanfare, the wholly owned unit of Brookfield Infrastructure Partners LP (BIP.UN-T) has become a North American green energy powerhouse, operating thermal energy plants across the continent in Chicago, Houston, Las Vegas, New Orleans, Seattle and Windsor, Ont.
Its thermal energy plants send either steam, hot water and/or chilled water to buildings in those cities.
Suffice to say, it has grown immensely from its humble beginnings as a City of Toronto asset that was acquired by Brookfield in 2012.
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