Bristol Live – Bristol council announces City Leap partner to decarbonise city’s energy system
Cross-party councillors have welcomed the city council’s decision to team up with a US company on a massive project towards decarbonising Bristol’s energy system. The local authority announced yesterday (Tuesday, March 29) it had chosen renewable energy firm Ameresco Ltd as its City Leap partner, with the two organisations forging a 50/50 joint venture.
The deal commits Ameresco to invest £424million in low-carbon energy infrastructure, such as heat networks and heat pumps, which will remove 140,000 of carbon across the city in the first five years of a 20-year agreement. Bristol City Council will grant access to its estate with the American business retrofitting its social housing by 2030 and paying the authority a guaranteed £4.2million.
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By Adam Postans