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QIC acquires interest in leading US district energy provider Enwave Energy


QIC acquires interest in leading US district energy provider Enwave Energy
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NEW YORK, Feb. 2, 2021 /PRNewswire/  Australian investment manager, QIC, and consortium partner Ullico, have won a bid to acquire a 100% interest in the US business of Enwave Energy, North America s largest single-district energy platform. Enwave Energy s market-leading US business ( Enwave Energy US ) provides district energy solutions by transferring thermal energy in the form of cold water, hot water or steam from a central energy plant through urban areas or campuses to cool and heat buildings.
Enwave Energy US currently serves more than 340 clients and operates in eight cities across eight states, providing energy solutions to more than 400 buildings across sectors including universities, school districts and hospitals such as Syracuse University and Louisiana State University. ....

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