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DCO Energy Acquires Three More Combined Heat and Power Plants

By District Energy posted 10-02-2017 12:08


Press Release, DCO Energy

Plants Provide Electricity, and Process Steam to Industries in California, Massachusetts and New Jersey

Mays Landing, NJ - Atlantic County based DCO Energy, LLC, a member of IDEA, announced that it has acquired three combined heat and power (CHP) plants from Ironclad Energy Partners. The CHP plants provide electricity and process steam to industrial customers located in California, Massachusetts and New Jersey. This makes a total of 3 acquisitions for the NJ company in 2017.

“We are proud to announce this acquisition and look forward to providing the same level of service DCO customers have come to know over the years,” said Frank E. DiCola, DCO’s Chief Executive Officer.

“This acquisition is a natural extension of our business as we continue to offer best in class service to large commercial and industrial energy users throughout the United States.  These assets allow us to do what we do best - provide energy to major employers, manufacturers and organizations in 9 states and 2 countries,” DiCola added.

DCO Energy currently owns district energy systems and Combined Heat and Power generating assets across the United States.  In the last 17 years, the Company has developed approximately 500 MW electric, 110,000 tons chilled water and more than 4 million pounds per hour of installed boiler capacity.

About DCO Energy

DCO Energy, LLC is an independent energy development company specializing in the development, engineering, construction, start up, commissioning, operation, maintenance and management, as well as, ownership of Central Energy Centers (CEC), Renewable Energy projects and Combined Heat, Chilling and Power (CHCP) Production Facilities. DCO provides financing, engineering and design, construction management, start up and commissioning resources and long-term operating and maintenance services for its own CEC, CHCP and Renewable Energy projects as well as third party clients.

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