St. Paul nonprofit to run Hennepin County's heating and cooling system [Yahoo! Finance]
Clearway Energy, Inc. Class A (CWEN.A)
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Source: Yahoo! Finance
The County Board approved a 10-year contract Tuesday with Ever-Green Energy worth $40 million to operate the district energy facility on S. 6th Street. across from U.S. Bank Stadium. The Hennepin County Energy Center provides steam and chilled water to the government center, HCMC, the public safety facility, the forensic sciences building, the juvenile justice center and several private customers. Under the pass-through agreement, Ever-Green will receive a monthly management fee and the county will be responsible for other operational and maintenance costs. Ever-Green currently operates District Energy St. Paul, which provides hot and chilled water to most buildings downtown, including the state Capitol complex. The St. Paul site uses wood chips as one of its primary sources of fuel and is one of the few ways to dispose of ash trees in the metro. Ever-Green also operates facilities across the nation, including: a heating and cooling plant in Duluth, a cooling facility in Cinc
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