Daily News

Posted on Oct. 27: McMaster launches Ontario’s first Campus Renewal Partnership

With the great Blackout of 2003 still fresh in people's minds, the timing couldn't be better to introduce a unique way to reduce energy consumption and fund building renewal at the same time. Keeping true to its culture of innovation, McMaster University is the first university in Canada to become a partner of Campus Renewal Partnership, an energy reduction plan and management system developed by Ameresco Canada Inc. The initiative provides creative ways to relieve funding challenges, advance facility renewal more rapidly and maximize the value of McMaster's physical assets. Launched officially today by McMaster and Ameresco Canada Inc., Campus Renewal Partnership (CRP) is expected to lower energy costs and consumption by 23 per cent and provide a 20-year payout of $28 million in facility renewal improvements. As a show of support for this pioneering partnering initiative, Grant Miles, senior program officer, Natural Resources Canada, presented a $250,000 Natural Resources Canada grant to McMaster University President Peter George. The Energy Innovators Initiative (EII) Energy Retrofit Assistance (division of NRCan) provides grants to institutions for assisting Canada in meeting its goal of reducing greenhouse gas emissions nationwide. Mario Iusi, president of Ameresco Canada will provide McMaster University Facilities department with a recognition award for its inaugural Campus Renewal Partnership.