CVC DIF

📰 £21 million secured to kickstart Westminster's low carbon heat revolution 📰 We're pleased to share that the SWAN Partnership - a collaboration between Hemiko and Vital Energi Utilities Limited - has been awarded £21 million from the Department for Energy Security and Net Zero to deliver the South Westminster Area Network (SWAN).   This groundbreaking infrastructure project, made possible with from Triple Point and DESNZ, will:   ✅ Slash emissions in central London; ✅ Draw on local, unused heat from the River Thames; ✅ Help historic buildings such as Somerset House and the London Transport Museum decarbonise; ✅ Create jobs and attract long-term investment, driving £1 billion into the capital by 2050.   Westminster City Council Leader, Adam Hug, said "SWAN has the potential to decarbonisation of historic buildings in central London, providing some of Westminster’s most recognisable landmarks with clean heat". Mete Coban MBE, Deputy Mayor for Environment and Energy at the Greater London Authority, said that "Heat networks have an important role to play in helping London achieve net zero carbon by 2030 as we continue working to build a better, greener London for everyone".   We have already engaged over 170 buildings and continue to engage potential first-movers, for example through our recent Connections Engagement Event hosted by London Heritage Quarter. If you’re based in Westminster and want to explore connecting to SWAN, reach out at [email protected] for an Indicative Connection Offer. Read about today's announcement here: https://lnkd.in/e6TCDgA5 #HeatNetworks #NetZero #London #Hemiko #GreenGrowth #GreenJobs

📰 Hemiko to keep West London warm with waste heat from data centres 📰 We are pleased to announce that Hemiko, working with the Old Oak and Park Royal Development Corporation (OPDC), are developing and investing in an innovative new heat network in Old Oak and Park Royal! 🎉 In partnership with OPDC, we will design, deliver, fund, and operate this ground-breaking low carbon heat network, which will draw waste heat from local data centres. This pioneering project will provide low cost, low carbon energy to over 9,000 new homes and businesses, as well as existing buildings, including a major hospital. This project positions London at the forefront of the UK’s green growth revolution, while also boosting our domestic tech sector. 🌍💡   Cooling is one of the main data centres costs. To providing cooling you have to "reject" the heat. This typically means fans blowing hot air into the sky. We will be providing a route for the data centres to send us their rejected heat, we will then upgrade it and use it to use local homes and businesses. 70% of London's heat demand could come from its wasted heat, the challenge is having the scale to collect this heat and offer it up locally. We are proud to invest £63m in the first phases, growing to around £600m by 2040, driving economic growth and creating high quality, local jobs in West London. Together, we are building a greener, more sustainable future for all. 🚀🌱   To learn more about the project, visit our website: https://hemiko.com/opdc   or read our press release: https://lnkd.in/eVsAYTzQ   #GreenGrowth #SmartHeat #HeatNetworks #London #Hemiko #OPDC

LBS Infrastructure & Construction Club recently had the pleasure of visiting CVC DIF as part of our annual Infrastructure Trek. During our insightful session, the CVC DIF team shared an engaging company overview and discussed emerging trends and opportunities within infrastructure investing. We greatly valued their perspectives on market dynamics, sustainable infrastructure development, and strategic investment approaches. The event concluded with a networking opportunity, where our connected directly with industry professionals, gaining firsthand insights and building lasting relationships. We extend our gratitude to the CVC DIF team for generously hosting us and providing such an informative and welcoming session. Follow LBS Infrastructure & Construction Club and stay tuned for more amazing events like this. #LBS #Infrastructure #Investment #InfrastructureInvesting #LondonBusinessSchool #CVCDIF

Following today’s announcement of CVC’s 2024 Full-Year Results, Rob Lucas, CEO, highlights CVC’s achievements in 2024. This includes the landmark IPO, continued growth and significant strategic progress. https://lnkd.in/eYenmc

🇩🇰☀️ Alight is expanding into Denmark! We’re excited to announce the acquisition of the 215 MWp Lidsø #solar park from European Energy, marking Alight’s official expansion into Denmark! Located in Lolland, Lidsø will be one of Denmark’s largest solar parks, helping meet the country’s rising electricity demand with clean, cost-effective power. With growing momentum in Sweden and Finland, our expansion into Denmark is a natural next step that reinforces our commitment to scaling solar across the Nordics. A huge thank you to European Energy for developing this high-quality project and to SEB for ing the acquisition with €127M in debt financing. 👀 Read more about this milestone in Bloomberg via the link in the comments.

🇩🇰☀️ Alight is expanding into Denmark! We’re excited to announce the acquisition of the 215 MWp Lidsø #solar park from European Energy, marking Alight’s official expansion into Denmark! Located in Lolland, Lidsø will be one of Denmark’s largest solar parks, helping meet the country’s rising electricity demand with clean, cost-effective power. With growing momentum in Sweden and Finland, our expansion into Denmark is a natural next step that reinforces our commitment to scaling solar across the Nordics. A huge thank you to European Energy for developing this high-quality project and to SEB for ing the acquisition with €127M in debt financing. 👀 Read more about this milestone in Bloomberg via the link in the comments.