Numis: SDCL Energy Efficiency Income – Acquiring RED Rochester for $177M

General/ 06 April 2021

Acquisition of 100% equity interest in commercial district energy system, RED-Rochester from Stonepeak Infrastructure Partners for $177m.
RED has 117MW steam turbine generators plus boilers, chillers and other equipment providing 16 on-site services to commercial customers in Eastman Business Park in Rochester, NY.