30-Year District Energy Agreement with City Centre Energy LP

Lulu Island Energy Company is proceeding under a 30‑year Project Agreement with City Centre Energy Limited Partnership to design, build, finance, operate, and maintain the City Centre and Oval Village district energy infrastructure. The agreement carries an estimated $609.7 million total liability at full build‑out, supported by Canada Infrastructure Bank financing.

Scope & details

The full contract record, as filed.

Contract amount

$609,717,000 (estimated total Project Agreement liability at full build-out)

Contract type

MAINTENANCE

Contract term

30-year Project Agreement executed September 2022

Renewal date

2052-09-30

Renewal

Project Agreement has a fixed 30‑year term starting from its execution in September 2022; any renewal or extension would require future negotiation and is not specified in the document.

Document type

AgendaPacket

Source document

City of Richmond Special Council Meeting Agenda Packet 2026-06-15

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the maintenance contract by City of Richmond?

City Centre Energy Limited Partnership was awarded this maintenance contract by City of Richmond, as recorded on June 6, 2026. The contract value is $609,717,000 (estimated total Project Agreement liability at full build-out).

How much is the City Centre Energy Limited Partnership contract with City of Richmond worth?

The City Centre Energy Limited Partnership contract with City of Richmond is valued at $609,717,000 (estimated total Project Agreement liability at full build-out), covering maintenance work.

What type of contract is this?

This is a Maintenance contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Richmond Special Council Meeting Agenda Packet 2026-06-15 (AgendaPacket), dated June 6, 2026 from City of Richmond. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does City Centre Energy Limited Partnership hold?

City Centre Energy Limited Partnership may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View City Centre Energy Limited Partnership's profile

What is City of Richmond currently buying?

Explore City of Richmond's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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