Australian investor to buy French district heating firm

Industry News
22 June 2016
by Decentralized Energy

French district heating firm Coriance is to be acquired by First State Investments, an Australian infrastructure assets fund and a division of the Commonwealth Bank of Australia.

Coriance was acquired by global infrastructure investment firm KKR in 2012 with the aim of accelerating its switch to renewables-based district heating systems using fuels such as biomass, geothermal and municipal waste.

Source: Decentralized Energy