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Three partners who are competing to provide heat, power, water and broadband services to the regeneration of the Elephant and Castle submitted their final proposals
Southwark Council has received final bids from the three shortlisted companies who are competing for the utilities contract for one of the most forward-thinking regeneration schemes in
Europe.
This week the three partners who are competing to provide heat, power, water and broadband services to the £1.5billion regeneration of the Elephant and Castle submitted their final
proposals.
The shortlisted companies are Dalkia, The London ESCo, and Thameswey Energy.
The winning bidder will be selected to manage the Multi Utility Services Company (MUSCo). The MUSCo is a revolutionary approach aimed at providing a raft of utilities services while protecting the
environment.
Using a MUSCo at the Elephant will ensure that there is no increase in carbon emissions, despite almost tripling the number of homes and businesses in the area.
Southwark's approach to supplying combined sustainable infrastructure will be a first for London by co-ordinating a number services, including heat and power utilities, data and high-tech waste
collection.
The MUSCo contract is part of the council's committed drive for sustainable development to ensure that the regenerated Elephant and Castle is a clean, green, safe place to live and work.
This focus on sustainability follows the use of legally binding section 106 agreements to ensure new developers incorporate the MUSCo into their plans. Examples include the Multiplex Castle House
and Oakmayne New Kent Road sites, along with the First Base scheme on the site of the derelict London Park Hotel.
Cllr Richard Thomas, executive member for regeneration, said: "The MUSCo contract is vital because sustainability must be a key component of the scheme, helping to keep the resulting development
carbon neutral.
"The Elephant and Castle scheme is a fantastic opportunity to bring in very high quality, environmentally-sound services, and Southwark should be seen as setting a new standard for green
communities.
"Sustainability is a big issue and quite rightly a topic on everybody's lips these days. But Southwark is doing more than just discussing possibilities, we are taking major steps which will have a
real impact on residents' lives."
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