SFU Community Trust needed to engage a private sector owner and operators for a district energy system serving Phases 3 and 4 of its UniverCity development, a new residential neighbourhood on Trust lands. District energy was seen as a unique opportunity to achieve aggressive sustainability objectives for the development.
The Trust hired us to help them. Here’s what we did together:
- Prepared an initial Expression of Interest
- Selected a preferred proponent (Corix Utilities Inc.)
- Negotiated a Memorandum of Understanding with Corix for the feasibility study phase
- Guided and reviewed the feasibility study results
- Negotiated an Infrastructure Agreement with Corix for the delivery of a system
- Reviewed and supported the Corix application to the BC Utilities Commission for a Certificate of Public Convenience and Necessity
As part of this process, Reshape also worked with the Trust and Corix to explore options and synergies for a larger integrated biomass plant serving both UniverCity and the existing Campus district energy system.
Later, SFU engaged Reshape directly to assist in preparing a business case for a combined Central Energy Plant to serve UniverCity and SFU and to assist with all aspects of negotiations with Corix including cost sharing, design considerations, performance guarantees, rate design and rate levels.
As part of the process, Reshape also participated in the review and selection of a biomass system vendor for the Central Energy Plant. Negotiations for a combined Central Energy Plant are ongoing.