ENGIE has secured a £90mn low-carbon energy scheme at Edinburgh St James – a new retail, hotel, leisure and residential development in the city centre that is expected to be completed in 2021.
The 33-year partnership between ENGIE and Edinburgh St James will serve all homes and businesses onsite with a combined cooling, heat and power (CCHP) energy centre. CCHP typically has an energy efficiency of over 80% compared with 56% for a more conventional system.
The new energy centre is a part of the Growth Accelerator Model agreement between Edinburgh St James, the Scottish Government and the City of Edinburgh Council.
Andrew Hart, Managing Director for ENGIE’s Urban Energy business, said: “Too often, energy is an after-thought when it can bring remarkable benefits to a scheme of this size. The fantastic thing about Edinburgh St James is that they saw very early on, how important a factor this would play in the successful delivery of the scheme. It will also play a role in supporting City of Edinburgh’s target of net zero carbon by 2030.”