Funding secured for development of sustainable heat network at Liverpool Waters

Funding has been secured from the Merseyside Pension Fund Catalyst Fund to support the next phases of the development of a heat network at Liverpool Waters, taking the total Catalyst facility to £20 million. The heat network, which will be delivered by Peel NRE, part of Peel L&P, will be an integral component to Peel L&P’s Liverpool Waters regeneration project. Peel NRE has established a dedicated energy supply company called Mersey Heat which will build, own and operate the heat network. Once complete, the first phase will provide up to 19 gigawatt hours of heat energy per annum to consumers at Liverpool Waters and the greater waterfront area.

Continue reading