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NewsInformation regarding current events, tours and presentations. |
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pioneer press commemorates district energy's 25th anniversaryIn recognition of its 25th year of service, District Energy St. Paul partnered with the Pioneer Press to publish a special May 10, 2008, newspaper section showcasing District Energy’s accomplishments and the loyal supporters who continue to help them reach their goals. 20-Year Franchise Extensions for District Energy and District CoolingThe City of Saint Paul entered into new 20-year Franchise Agreements with District Energy St. Paul and District Cooling St. Paul effective January 1, 2008. "This is a great accomplishment and we appreciate the hard work the City Council and Mayor Christopher Coleman and his administration put into this effort to secure a new era for District Energy and District Cooling," said Anders Rydaker, president of the two companies. The new franchises are on terms virtually identical to the prior Franchise Agreements that were first adopted for District Energy in 1982 and District Cooling in 1991. This affords existing customers the opportunity to continue experiencing environmentally responsible, affordable, stable energy charges for an additional 20 years of service. During the franchise adoption process, the City and District Energy successfully negotiated a number of matters assuring a continuation of their remarkable public/private partnership. Included was restructuring of an outstanding financial obligation to the City under mutually acceptable terms that District Energy considered very favorable. District Energy will be working with the City to extend the heating and cooling customer agreements for City buildings when they come up for renewal. Rydaker stated that the new Franchise Agreements will serve not only the immediate and long-range interests of all district heating and cooling customers, but will also continue to provide environmental benefits through the highly efficient production of energy, using biomass as a fuel source. |
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