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

Reliable green steam supports The Curtis’ office to lab conversion in Philadelphia

Industry

Life sciences

Location

Philadelphia, PA

Square footage

912,245

The customer

Situated near Independence Hall, The Curtis, founded in 1891 and owned by the Keystone Property Group, is a historic 12-floor, mixed-use building. From luxury living to collaborative office spaces and a wide range of retail and dining offerings, this revitalized Philadelphia icon also supports the city’s booming life sciences industry with its innovative lab facilities.

The challenge

Because of the city’s thriving life sciences scene, Keystone sought to convert The Curtis’ traditional office spaces to support lab research. From ventilation, space temperature, and humidity needs to sterilizing laboratory tools and equipment, laboratories have particular and stringent energy requirements to support continuous operations. Keystone’s existing onsite boiler could not handle the precise requirements necessary for laboratory research and the increasing energy demands of life science tenants. Keystone needed an alternative energy solution to serve the high-pressure, clean steam requirements to attract and support life science tenants’ needs.

The solution

To meet the unique energy needs and space requirements while ensuring peak reliability at The Curtis, Keystone turned to Vicinity’s district energy system for heating, reheating, sterilization, and humidification to support lab research.

“This is an exciting time for the life sciences industry in Philadelphia, and The Curtis’ conversion from office to lab space is at the forefront of the city’s life science sector. Thanks to the reliability and flexibility of district energy, tenants can be confident that our labs will maintain consistent 24/7 heating, reheating, sterilization, and humidification to meet the specific requirements needed to support their critical research,” states Keystone Property Group’s Senior Property Manager Sam Mattei. 

Empowering Keystone to meet each tenant’s needs

Keystone recognized the value of district energy in its scalability and capacity to deliver the uninterrupted—and sustainable—low-carbon thermal energy required for tenant lab spaces. Keystone can conveniently increase its steam demand to support additional floors if needed, without any additional upfront capital investment.

Supporting mission-critical needs

High-pressure steam is the preferred method of sterilization for state-of-the-art hospitals and research facilities across the globe. Vicinity reduces energy risk for The Curtis and offers 99.99% uptime energy delivery through interconnected central energy facilities with multiple power supplies, back-up generation, and several water and fuel sources in the event of interruptions to other utilities. Access to reliable and clean district steam allows the life science tenants to carry on their mission-critical research without compromising on productivity, safety, or results. 

Reducing Philadelphia’s carbon footprint

The partnership between Keystone and Vicinity drives sustainability in The Curtis and beyond, lowering the building’s carbon footprint and impact on the surrounding community. Because Vicinity’s district energy system relies on the highly efficient combined heat and power (CHP) process and biogenic fuels to produce steam, The Curtis is able to avoid approximately 168 tons of carbon each year, the equivalent of removing 34 cars from the road. As Vicinity transitions to cleaner energy solutions and incorporates new technologies at Philadelphia’s central facilities, The Curtis will benefit from continuous greening solutions that will further cut carbon emissions.

Benefits

lower carbon

168 tons of annual carbon emission savings

99.99% reliability 

Meet stringent energy needs

Community volunteers, with the help of nonprofit and private sector, create urban pollinator habitat in Point Breeze park

D is for district heating

Cambridge, Mass., Cogeneration Plant Upgraded With 42-MW Electric Boiler

As Sustainability Deadlines Loom, Here’s What Measures Boston Developers Are Taking To Get Ahead

Summer readiness checklist

As temperatures rise, it’s time to ensure HVAC systems are geared up for the summer heat to optimize building systems’ performance, conserve energy, and keep occupants comfortable.

Whether buildings use district chilled water or operate onsite chillers and cooling towers, regularly reviewing and implementing this guide ensures proactive building readiness for summer temperatures, helps maximize equipment lifespan, and improves overall energy efficiency.

Print out this summer preparedness checklist and review it every spring to prepare staff and equipment for the coming warm temperatures. Please note that the steps will vary depending on the equipment present onsite.

Contact your account manager to explore partnering with Vicinity’s operations and maintenance experts to assist with summer readiness, equipment upgrades, or preventative maintenance programs.

Vicinity leverages best practices at its central facilities to provide a smooth transition into the summer season. These protocols ensure safe, reliable, and consistent operation to prevent service disruptions for customers who leverage chilled water or steam for cooling purposes. Vicinity’s interconnected energy facilities offer 99.99% uptime energy delivery with resiliency through redundant power and fuel sources.

Vicinity’s summer preparedness includes extensive cooling tower and chiller inspection and cleaning at Vicinity’s central facilities that produce chilled water, including basin cleaning, sterilization to prevent bacteria growth, and oil inspections on gearboxes and fan belts. Vicinity also performs eddy current testing to detect leaks on chiller tubes and inspects refrigerant and oil samples. By taking these proactive steps, Vicinity delivers reliable customer service year-round and reduces the maintenance needed onsite at customers’ buildings.

eSteam™: a cost-effective, carbon-free renewable energy solution to decarbonize your commercial building

Commercial buildings represent the highest source of carbon emissions in major cities, making them one of the most important targets in urban decarbonization. eSteam™ is a unique solution that can address this challenge head-on and inexpensively decarbonize healthcare, life sciences, universities and commercial buildings with ease.

Accelerate decarbonization with eSteam™

Vicinity’s renewable thermal energy product will help you accelerate the decarbonization of your building and our communities. Our solution is turn-key. 

eSteam™ reduces the need for you to invest in new onsite energy infrastructure to meet your sustainability goals. By connecting to the district energy system, you eliminate the need to make significant investments to decarbonize your building’s thermal energy load—we’re doing that for you. Vicinity will leverage and build upon existing infrastructure, including our existing network of steam pipes, electric substations, and transmission lines, and deploy the capital needed to rapidly reduce our carbon emissions.

For our cities, Vicinity’s eSteam™ provides a way to cleanly heat and cool urban buildings—reducing the need for natural gas boilers that create unregulated gas stacks and unmonitored carbon emissions—improving overall air quality in neighborhoods.

eSteam™ is the first renewable, carbon-free thermal energy product in the United States, offering maximum flexibility and superior environmental benefits.

eSteam™ benefits:

  • Carbon-free – eSteam™ is carbon-free, so you can meet your sustainability goals and avoid looming carbon taxes.
  • Total flexibility – You nominate how much eSteam™ you want annually and select the renewable electricity source to generate your eSteam™ based on your budget and sustainability objectives.
  • Affordability – eSteam™ is the most cost-effective, affordable option to green your building compared to alternatives, like electric boilers in your building. Vicinity’s access to transmission level rates gives district energy an economic advantage over onsite equipment.
  • Avoid carbon fees and fines – Many cities in the U.S. have implemented or are considering laws that will lower greenhouse gas emissions in buildings. Oftentimes, these policies will carry hefty fines for non-compliance. eSteam™ is guaranteed carbon- free, giving you peace of mind that your building will be green, without costing you more green.
  • Maximum reliability and resiliency – Join the many customers who choose Vicinity’s district energy heating and cooling products for maximum reliability and resiliency.
  • Low capital investments – To access the benefits of eSteam™, you don’t need to invest in costly capital projects and you can avoid expensive building retrofits. Decarbonize your thermal energy footprint by simply connecting to Vicinity’s district energy network.
  • Certifications – Gain potential points for LEED® and ENERGY STAR® certifications to demonstrate your buildings’ commitment to sustainability.

Customers benefit from carbon-free eSteam™ generated with renewable electricity.

How eSteam™ works

By installing electric boilers at our central facilities and procuring renewable power from the grid, we can offer carbon-free steam to meet your buildings’ thermal energy needs. Vicinity can purchase renewable power on your behalf—such as wind, solar and hydro—at transmission level rates, allowing us to keep your costs down.

Coupled with other technologies like industrial-scale heat pumps and thermal storage, our goal is to offer you the most affordable, flexible thermal energy product that lowers carbon footprints, improves air quality and meets sustainability goals.

Vicinity’s eSteam™ is the first renewable, carbon-free thermal energy product in the United States, offering you maximum flexibility and superior environmental benefits.

Lock in with eSteam™ today to decarbonize your buildings and avoid looming carbon fees. To learn more about eSteam™ email our energy experts at info@vicinityenergy.us.

Pumps & Systems podcast: Heat pumps & decarbonization

In this episode of the Pumps & Systems podcast, Bill DiCroce, President and Chief Executive Officer of Vicinity Energy discussed the role heat pumps can play in decarbonization, as well as the efforts cities like Boston are currently making to strive for sustainability and an eventual goal of net zero carbon emissions.

Recommended preventative maintenance

Vicinity’s comprehensive maintenance services are offered year-round—during peak usage or before system turn-ons—to optimize steam efficiency, reliability, and cost savings.

Improve the operating performance of steam systems by taking preventive steps to avoid energy losses. Customers who have leveraged Vicinity’s preventive maintenance program have experienced the following benefits:

  • Conserved energy and reduced energy costs by improving system performance and eliminating inefficiencies.
  • Improved reliability by identifying problem areas that could cause unscheduled system outages.
  • Optimized capital expenditure and operating expenses by maximizing system efficiency and strategically planning for infrastructure investments with an identified budget for equipment repair or replacement.
  • Improved operating procedures by reviewing, refining, and documenting preventative maintenance best practices.
We partner with each of our customers to customize recurring service agreements for the summer and winter seasons, tailoring the maintenance services below to their specific needs. Reach out to your Account Manager today to understand the preventative maintenance services offered in your district.

Steam traps

  • Service description: Survey building, locate, identify, tag, and test steam trap performance.
  • Maintenance value: Ensure steam traps function correctly and prevent issues that can lead to energy waste, equipment damage, and safety hazards.

Pressure Regulating Valves (PRVs)

  • Service description: Identify valves’ make, model, size, and serial number. Test pilot valve for leaks, clean orifices, check diaphragm plates, test the gauging, and set to desired system pressure.
  • Maintenance value: Prevent system over-pressurization and relief valves from releasing steam into the atmosphere. Failed PRVs may improperly cycle open and close, both oversupplying and then starving the downstream equipment of steam.

Strainers

  • Service description: Inspect screens and clean out debris, evaluate source of debris, and troubleshoot. Ensure blow-down valves are functioning properly to flush trapped material.
  • Maintenance value: Reduce rust and pipe scale damage to valves and pumps. Ensure heat transfer surfaces are kept free of efficiency reducing deposits.

Heat exchangers

  • Service description: Perform water chemistry testing, determine if leaks exist, measure tube thickness, repair or plug tubes as needed, and perform preventative maintenance, such as hydrolasing or cleaning as needed.
  • Maintenance value: Recover efficiency losses, optimize operation of the exchangers, and reduce energy consumption.

Steam pipe

  • Service description: Inspect steam piping. Check for leaking joints, watermarks on insulation, and corrosion.
  • Maintenance value: Deliver safe and reliable steam into the building while reducing potential for steam emissions into the building.

Condensate return line

  • Service description: Inspect for leaks and corrosion. Check condensate pump seals for leaks. Check vent pipes for vapor emissions.
  • Maintenance value: Avoid condensate water spills, ensure proper evacuation of condensate from system lines, and identify the presence of leaking steam traps in the system.

Mechanical room hot water loop

  • Service description: Inspect all piping, inlet/outlet temperatures, and pressures on heat exchangers and mechanical pumps.
  • Maintenance value: Confirm adequate operation of key energy transfer equipment, such as heat exchangers, which supply building heat, hot water, or other process loads.

Seasonal and maintenance shutdowns/turn-ons

  • Service description: Manage closure and opening of Vicinity’s main service valve for seasonal system curtailment or start of use. Shutdowns require draining of systems while turn-ons require both draining of systems and operating pressure checks.
  • Maintenance value: Ensure safe and confined operation of Vicinity’s main service valve for shutdowns/turn-ons related to seasonal changes and maintenance activities. Reduce radiant energy losses, condensate accumulation in system piping, and mechanical room air space temperature. Prevent pipes from rotting and prepare systems to be dormant for an extended period by draining the systems for shutdowns.