DG Energy Solutions is New Owner of Portland's Downtown District Cooling System; System is First of Its Kind in Oregon.SAN DIEGO San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. -- DG Energy Solutions announced today that it has acquired the district cooling system in downtown Portland, Ore., from Portland Energy Solutions LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control (PES pes (pes) pl. pe´des [L.] 1. foot. 2. any footlike part. pes n. pl. pe·des 1. The foot. 2. ), a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Enron. Built in 2001, the high-efficiency district cooling system is the first in Oregon and is based in The Brewery Block, a five-block development of retail, commercial and residential space. The system will be operated by The Portland District Cooling Company LLC, a subsidiary of DG Energy Solutions. Phase I of the Portland district cooling system began commercial operation from a 4,000-ton chilled-water plant in March 2002. It currently cools 1.7 million square feet of space, including Tyco Telecom Data Center and the Whole Foods Market. Phase II is scheduled for completion during 2005-2006, with an additional 4,000-6,000 tons of chilled-water capacity to serve The Brewery Block's northernmost properties. The expanded plant will have the capacity to cool up to 12 million square feet of hotel, office, and commercial property space in downtown Portland "DG Energy Solutions is particularly pleased with this acquisition," says Steve Mueller, president, DG Energy Solutions. "We're always looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. environmentally progressive energy plants and the Phase I plant - which was designed to meet the highest environmental standards in the country - certainly fits the bill. We're looking forward to implementing Phase II and continuing to supply cooling to The Brewery Block properties. It is the beginning of what we believe will be an expansion of our presence in such projects throughout the country." District cooling is known to be a highly energy-efficient and environmentally responsible energy technology. District cooling systems cooling systems for housed animals include spraying of roofs with water, evaporative pads with fans, foggers and misters; for pastured animals shelter from the sun by trees or artificial shade devices and cooling ponds are used. chill water at a central plant and then pipe it to buildings in a given area for their air-conditioning and refrigeration refrigeration, process for drawing heat from substances to lower their temperature, often for purposes of preservation. Refrigeration in its modern, portable form also depends on insulating materials that are thin yet effective. use. For more on the district cooling technology, see http://www.districtenergy.org/what_is.htm. About DG Energy DG Energy is one of the nation's leading integrated energy companies that specializes in out-sourced ownership of cogeneration, central plant, biomass and district energy systems throughout North America. San Diego-based DG Energy has regional offices in New Jersey, Florida and Oregon. For more information, see http://www.dg-energy.com. |
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