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ENGIE, Axium Acquire Boston Microgrid, District Energy System

April 03,2018



ENGIE North America Inc. and Axium Infrastructure (operating jointly as Longwood Energy Partners) have completed the acquisition of a microgrid and district energy system serving six Harvard-affiliated medical institutions in the Longwood Medical Area in Boston -- Beth Israel Deaconess Medical Center, Boston Children’s Hospital, Brigham and Women’s Hospital, Dana-Farber Cancer Institute, Harvard Medical School and School of Public Health, and Joslin Diabetes Clinic -- under long-term utility contracts through 2051.

This microgrid and district energy system have a capacity to produce 99 MW of electricity, 1,100,000 lbs/hr of steam, and 42,000 tons of chilled water

"This project is perfectly in line with ENGIE’s strategy to drive customer-centric approaches, and we’re excited to bring our experience in energy production, operation, efficiency, procurement, and commodity risk management to the table," said President and CEO of ENGIE North America Frank Demaille.

Tags:
ENGIE   Microgrids   District Energy   Axium   M&A  

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