Partners selected for Bristol City Leap Energy Partnership PPP project
Bristol City Council in the UK has selected JV of Ameresco Limited and Vattenfall Heat UK for the City Leap Energy Partnership.
The City Leap partnership is aimed at delivering low carbon energy infrastructure, such as solar PV, heat networks, heat pumps, and energy efficiency measures at scale. The aim is to help Bristol meet its carbon reduction targets of becoming carbon neutral by 2030. The appointment of the strategic partner and a commitment to finalize the arrangements is expected to take place on April 05, 2022.
The selected partners will invest in the council’s estate to deliver low-carbon energy infrastructure and support others, such as residents, community energy groups, and businesses, to deliver local carbon-reducing projects. The JV will invest GBP424 million (US$556.75 million) over the first 5 years of the 20-year partnership in low carbon energy and capacity and expertise in the delivery of low carbon energy infrastructure projects. The partnership aims to remove around 140,000 tonnes of carbon across the city in the first 5 years of operation.
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