McKinstry
Summary
Adams State University and McKinstry, a national leader in designing, constructing, operating and maintaining high-performing buildings, are planning Colorado’s first Darcy geothermal system, a landmark clean energy project that is rewriting the rules of geothermal heating and cooling, and its affordability.
The project, funded in part by a $4.3 million award through the Colorado Geothermal Energy Tax Credit Offering, or GETCO program, is delivered through Colorado’s Energy Savings Performance Contracting program, a state-administered mechanism that allows public institutions to fund major facility upgrades through long-term energy cost savings. The project will also be eligible for a $5 million Inflation Reduction Act Investment Tax Credit, further supporting the University’s ability to advance this transformative energy infrastructure investment. That financing structure demonstrates that institutions like Adams State do not need large capital reserves to pursue transformational energy infrastructure.
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