Vicinity Energy Announces Bill DiCroce’s Passing of the Baton to Kevin Hagerty as the New CEO

Boston, MA, July 10, 2024—Vicinity Energy, a leading provider of sustainable energy solutions, is pleased to announce the appointment of Kevin Hagerty as the company’s new chief executive officer and president. Bill DiCroce has led Vicinity and its predecessors as CEO and president since 2012 and will stay on as executive chairman of Vicinity’s Board of Directors.

Bill DiCroce’s long tenure as CEO and president has been marked by significant accomplishments, shaping the district energy portfolio and driving transformative growth and efficiency for Vicinity. Under his leadership, the company has expanded its footprint, enhanced its technological capabilities, and solidified its position as a leader in the urban and campus clean energy sector. Bill’s vision and dedication have been instrumental in advancing Vicinity’s mission to provide sustainable and reliable energy solutions to its customers and communities.

“I am incredibly proud of what we have achieved at Vicinity,” said Bill DiCroce, executive chairman of Vicinity. “Our adoption of cutting-edge clean energy technologies and our commitment to sustainability have set a strong foundation for the future. Kevin has been instrumental in driving our shift to electrification and will continue to lead our efforts to decarbonize our customers and operations.” 

Kevin Hagerty brings a wealth of experience and a forward-thinking approach to his new role as CEO and president. With a proven track record of driving innovation and fostering growth, Kevin is poised to lead Vicinity into its next chapter. His vision for a clean energy future aligns perfectly with Vicinity’s commitment to offering sustainable energy solutions that decarbonize our customers and communities.

“I am honored to take on this new role and continue the essential work of decarbonizing and expanding Vicinity’s district energy business,” said Kevin Hagerty, CEO and president of Vicinity. “My focus will be accelerating our efforts to provide clean, efficient, and reliable energy solutions to drive the transition to a sustainable energy future. A prime example of our commitment is our recent partnership with Emerson College, where we are excited to support their sustainability goals through our innovative eSteam™ solution.”

As part of this vision, Vicinity is committed to electrifying its operations and expanding its innovative eSteam™ solution. By transitioning from fossil fuels to electricity sourced from renewable energy, Vicinity aims to significantly reduce carbon emissions and enhance the sustainability of its services. eSteam™, in particular, represents a groundbreaking approach to providing carbon-free steam for heating and cooling needs, further supporting customers in their journey toward decarbonization and compliance with building performance standards.

“Our electrification initiatives and district solutions are designed to decarbonize at a city-wide scale. Creating a sustainable energy future is a monumental task that we all share, and innovative solutions like Vicinity’s eSteam™ are crucial to addressing this challenge with the necessary scale and speed,” added Kevin Hagerty. “Vicinity is made up of an incredible team of people that I am proud to be a part of, and together, we will strive to do what is best for our customers, the cities we serve, and our planet.”

As Vicinity looks ahead, the company remains dedicated to its core mission of safety, sustainability, innovation, and community. With Kevin Hagerty at the helm and Bill DiCroce’s continued strategic involvement as executive chairman, Vicinity is well-positioned to lead the clean energy transition of urban cores and campuses.

About Vicinity Energy

Vicinity Energy is the largest owner and operator of district energy systems dedicated to decarbonizing its operations and investing in innovative renewable thermal energy technologies to offer carbon-free eSteam™ to its customers. Operating 19 district energy systems in 12 cities, Vicinity delivers reliable and sustainable steam, hot water, and chilled water to over 260 million square feet of building space nationwide. As Vicinity advances its electrification efforts across its locations, the goal to achieve net zero by 2050 is more than a commitment—it’s a mission. Learn more about Vicinity’s vision for a clean energy future at www.vicinityenergy.us.

Media Contact
Sara DeMille
Senior Director, Marketing and Communications
media@vicinityenergy.us

Lifting Kansas City’s spirits with district energy

Industry

Industrial and manufacturing

Location

Kansas City, MO

Square footage

12,000

The customer

Within a renovated 19th century stable in the Crossroads Art District of Kansas City is Lifted Spirits, a unique craft distillery and event space. Upstairs in their “Hayloft,” where horse feed and bedding were once stored, is a beautiful event space that customers can rent out to enjoy delicious spirits while making lasting memories. This former stable was constructed in the 1890s and converted into a high-end craft distillery in 2016. Ever since, Lifted Spirits has been a staple of the Kansas City community, featuring local artists’ work and hosting seasonal events. The distillery has even been recognized with awards from leading industry organizations, including the New York International Spirits Competition, International Spirits Competition, and American Distilling Institute.   

The challenge 

Lifted Spirits previously relied on a single onsite gas boiler to meet its energy needs. However, after a few years of navigating the complexities, repairs, and maintenance required to upkeep this aging equipment, the new owners sought an energy alternative. The challenge was finding an energy source that would reliably, cost-effectively, and sustainably supply proper control of heat and an abundance of hot water for the distilling process. 

The solution 

After evaluating the lifecycle costs of several energy options, Lifted Spirits’ owners decided that district energy was the optimal solution for meeting their heat and hot water needs, while also achieving significant energy savings. 

Reliable service for a precise distillation process 

Because the distillation process requires precise control for a significant amount of steam, a reliable and high-quality thermal energy source was crucial. Lifted Spirits chose Vicinity in part due to the 99.999% reliability rate associated with its resilient district energy system. 

High-quality food-grade steam 

In Kansas City, the district steam system generates food-grade steam, or culinary steam, to serve manufacturing and industrial customers who use steam in the production of food-related products. Culinary steam is necessary for the distillation process to ensure that Lifted Spirits continues to produce high-quality beverages. Providing a consistent, high-quality product is critical to Lifted Spirits’ overall business and brand reputation, helping drive customer loyalty.  

Achieving cost-savings 

After considering alternative boiler options and comparing the costs and efficiencies of each, Lifted Spirits chose Vicinity’s district energy system to achieve more competitive energy pricing and eliminate labor costs associated with boiler operations. Through a simple connection to the Kansas City district system funded by Vicinity, the distillery now enjoys cost effective thermal energy with minimal upfront capital costs. 

Freeing up mechanical space for business operations 

Without Lifted Spirits’ onsite gas boiler, the owners are able to leverage the added interior space for core business operations. Because the distillery hosts tours, tastings, and custom events, every square foot of space is valuable to enhance Lifted Spirits’ business operations and customers’ experiences.  

Benefits

Precise steam control

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Lifecycle and upfront cost savings

Maximized building space 

Food-grade, clean steam​

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Less maintenance

99.99% reliability  ​