Engie has inked a £90m long-term energy services deal for the Edinburgh St James retail precinct.
The utility said it will guarantee cost and carbon savings over the 33 year contract, while providing heat and cooling and selling power from the combined cooling, heat and power (CCHP) plant.
Given Edinburgh’s ambition to decarbonise well before the end of the agreement, Engie said it had made provision to add more sustainable technologies to the gas-fuelled energy centre in future.
Cllr Kate Campbell, Housing, Homelessness and Fair Work Convener, the City of Edinburgh Council, said:
“We have set an ambitious target of net zero carbon by 2030, so it’s very welcome that the Edinburgh St James development has plans for a low carbon, energy efficient scheme. The energy centre, which will be delivered as part of the infrastructure agreement with the council, will provide homes and businesses at the site with affordable heat and encourage sustainability by generating power to be used elsewhere.”