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Vicinity Energy is Now the Largest Provider of District Energy Solutions in North America

Vicinity Press Release Summary Antin Infrastructure Partners has, today, finalized its purchase of Veolia North America’s district energy assets in the United States. Now officially named Vicinity Energy, the district energy business is comprised of steam, hot and chilled water and electricity...

Blog Entry
Veolia Completes the Sale of Its District Energy Assets in the United States for USD 1.25 Billion to Antin Infrastructure Partners

Yahoo! Finance Summary Veolia (Paris:VIE) regularly reviews its asset portfolio in the light of its strategy and development plan. This review reinforces the capacity and flexibility of the Group to position itself on the best growth opportunities, where Veolia can bring the most added value,...

Blog Entry
Giant Water Battery Cuts University's Energy Costs by $100 Million Over Next 25 Years

Jordan Davidson, EcoWatch Summary A giant water battery that stands three-stories high will help The University of the Sunshine Coast in Australia reach its goal to be carbon neutral by 2025. The Queensland university's ambitious target date got a boon from the success of the experimental...

Blog Entry
GCC driving $40bn global district cooling market

GDN Online Summary The global market for district cooling sector is booming, and is estimated to hit $39.9 billion by 2026 from $21.9 billion last year, growing at a CAGR of 7.77 per cent, said a report. The rising support from the governments in GCC countries is driving the global...

Blog Entry
Antin Infrastructure Partners to Acquire Veolia, Largest District Energy Provider in the US

Antin Infrastructure News Summary Antin Infrastructure Partners (“Antin”), a leading independent private equity firm focused on infrastructure investments, and Veolia Environnement (“Veolia”), announced today that they have signed an agreement whereby Antin will acquire Veolia’s US...

Blog Entry
Market Focus: district cooling in the Middle East

MEP Middle East Summary District cooling (DC) involves the provision of cooling multiple buildings from one or more central cooling plants that are interconnected to the cooling users via a network of supply and return piping. As per UAE-based Emicool’s definition, district cooling protects...

Blog Entry
District Energy Space 2018 Awards at IDEA2019

Showcasing Industry Growth Around the World At its 110 th Annual Conference in Pittsburgh, Pennsylvania, the International District Energy Association (IDEA) presented Gold, Silver and Bronze Awards to member organizations in North America and Beyond North America reporting “Most Customer...

Library Entry
The Benefits of Using Steam District Energy

Summary Recently, Liberty Tour in downtown Philadelphia decided to choose the use of steam has their primary source of energy for building heat over natural gas or electric. The presentation went over the different technical reasons why the decision was made over steam. Recent technologies make...


Blog Entry
Veolia's District Energy: A Powerful Asset in Trenton

Trenton Daily Summary During a recent visit to Veolia’s Trenton-based energy plant, we had a chance to learn more about a truly powerful asset in Trenton’s energy ecosystem. General Manager Perry Alburg and Plant Manager Hector DeJesus provided a brief overview and tour of the energy company...

Blog Entry
Veolia Seeks Over $1 Billion in District Energy Sale

Gillian Tan, Francois De Beaupuy, and Scott Deveau; Bloomberg Summary French water and waste-treatment company Veolia Environnement SA is seeking more than $1 billion for its North American heating and cooling business in first-round bids due next month, people familiar with the matter...

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