Central Exeter District Heating Scheme

Procuring a partner or consortia to develop district heating and combined heat and power in Exeter, Devon. Thesuccessful partner will be required to develop the design of the network & energy centre(s), structure a financingproposal for the construction of the system and subsequently build and operate it under a joint venture withDextco.
JV partners will work together to identify suitable joint funding arrangements, including bidding to the HeatNetwork Investment Programme. While it is anticipated that the owners of Dextco will also provide a portion ofthe equity funding, we expect the majority of the capital cost will be financed by the private sector.
Following the initial construction of the system we would anticipate the scheme providing 33GWhth currentshareholder heat demand and 16GWh of electricity per year for a 25 year period as a guide. A further 2GWhthof other public sector and 7GWhth private sector commercial heat loads have also been identified.