Enersource has assisted Holcim (Canada) in securing a financial incentive from the Ontario Power Authority of US$6.37m to support the development and construction of a waste heat recovery project at their Mississauga cement plant.
"Projects like this are both economically and environmentally-sound," said Craig Fleming, President and CEO at Enersource. He added, "Conservation initiatives capitalising on renewable technologies help businesses become more economically sustainable."??"Holcim (Canada) is appreciative of Enersource and OPA's support in helping us deliver on our commitment to energy management at our Mississauga plant," said Paul Ostrander, President and CEO of Holcim (Canada) Inc. "It is partnerships and project models like this that will move this Province forward, toward a more environmentally and economically sustainable future."
The project is designed to reduce consumption by up to 30GWh of electricity annually, which is equivalent to removing over 3,000 households from the electricity grid.?Holcim (Canada) Inc. is one of the country's largest vertically integrated building materials and construction companies. With 3,000 employees, Holcim (Canada) Inc. manufactures cement, aggregates and ready-mix concrete and provides construction services to many of Canada's largest infrastructure projects.
Enersource serves approximately 200,000 residential and commercial customers across Mississauga. It is a diversified energy and technologies company that serves customers through the distribution of electricity and the delivery of services related to the design, operation and maintenance of electrical systems.