Harrison Street has signed a 40-year public-private partnership (P3) with technological university Worcester Polytechnic Institute (WPI).
Harrison Street will lease, manage, operate, develop and finance the university’s on-campus utility system, and Cogen Power Technologies will operate the facility.
Under the long-term P3 agreement, Harrison Street will be the exclusive energy provider for WPI, accelerating the university’s strategic efforts to reduce its carbon footprint by improving its power plant, expanding energy-conservation measures, and developing sustainable energy system upgrades and technologies for the WPI campus. Harrison Street and WPI have already identified a series of projects spanning solar, combined heat and power, and efficiency updates, all of which will reduce the carbon footprint across WPI’s campus. They also are exploring other projects that could include developing microgrids for the campus and alternative energy technologies, such as g
