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Sustainable Energy Utility

Sustainable Energy Utility. B.C. Ground Water Association March 30 th ,2007 . Agenda. Corix overview Our role in the industry Utility model Risk management Design & installation expertise Project examples Corix advantage Closing. CORIX Overview.

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Sustainable Energy Utility

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  1. Sustainable EnergyUtility B.C. Ground Water Association March 30th ,2007

  2. Agenda • Corix overview • Our role in the industry • Utility model • Risk management • Design & installation expertise • Project examples • Corix advantage • Closing

  3. CORIX Overview Creating Solutions, Building Partnerships • Proven leadership in providing comprehensive, innovative multi-utility solutions • Principal owners • CAI Capital Management and BC Investment Management Corporation • Offers strong corporate and financial foundations • Fully invested, long term partners to qualified clients

  4. Our Role in the Industry Sustainable Energy Systems Commercial, Industrial and Residential • GeoExchange • District energy • Biomass • Hybrid

  5. Utility Model • Core business • Due diligence • Governance • Risk management • Structured rates • Provides capital reallocation

  6. Strategic Partnerships • Design • Installation • Warranty • Maintenance

  7. Project Examples

  8. Sun Rivers Golf Resort Community • Canada’s first geothermal community • Situated on 460-acre site overlooking City of Kamloops and Thompson Valley • 2,000 homes surrounding championship golf course • Development features resort hotel, village centre, parks, playing fields and community amenities

  9. The Rise:A GeoExchange Utility Community • Geotility and Corix strategic alliance • Over 660 homes plus Fred Couples signature 18-hole golf course overlooking the Okanagan Valley • GeoExchange technology with significantly lower energy costs • One of the largest GeoExchange master planned communities in Western Canada Setting a template for future sustainable developments

  10. North Vancouver - Lower Lonsdale District Energy System Project • Lonsdale Energy Corporation • Corix Utilities and City of North Vancouver Public/Private Partnership • Owned by the City of North Vancouver • A clean, green, highly efficient district heating system • Largest development project in history of North Vancouver • Three million square feet of new development to be added over next ten years in residential and commercial properties

  11. Dockside Green • Corix is overall utility provider • Including Biomass • Situated on 15 acres of former industrial land in Victoria, BC • Planned total of 1.3 million sq. ft. of mixed used space • Largest development in Victoria • Vancity and Windmill Development project • Recognized leaders in green building design and community efforts

  12. The Corix Advantage • Corix plays critical role in providing full range of energy services to the utility • From initial concept to ongoing operations • Corix builds, owns and operates the GeoExchange infrastructure • Corix provides billing, complete customer care services and system maintenance • Corix will also make capital investment in infrastructure, directly contributing to community development • Over 65 years of experience in providing cost-effective, safe and efficient utility infrastructure

  13. Thank You “We must adjust to changing times and still hold to unchanging principles.” - Jimmy Carter

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