SEEIT announces long-term contract renewal, portfolio disposal plans
Transactions - FEBRUARY 6, 2024

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SEEIT announces long-term contract renewal, portfolio disposal plans

by Kali Persall

Cokenergy, a project within SDCL Energy Efficiency Income Trust’s (SEEIT) Primary Energy portfolio, has renewed its long-term contract with Cleveland Cliffs at the Indiana Harbor Works East steel mill.

The Indiana Harbor complex is one of the largest integrated steel-making facilities in North America, according to Indiana Harbor’s website. Located in East Chicago, Ind., 20 miles southeast of Chicago, Indiana Harbor is a diverse facility capable of making a full range of flat products and is a leader in the North American development of new automotive products. It is a primary supplier of coils to Cleveland-Cliffs Tek and Kote.

Cleveland-Cliffs teamed with Primary Energy to address escalating energy costs and environmental concerns by taking advantage of waste heat generated by an adjacent onsite coke-making facility. Primary Energy collaborated with Cleveland-Cliffs' management and operations team along with SunCoke Energy (owner/operator of the coke battery) to d

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