May 29, 2006

Luxury hotel-condo tower will cut energy, emissions by connecting to deep lake water cooling system

Enwave Energy, one of the largest providers of district energy in North America, will provide the Trump International Hotel and Tower, currently under development in Toronto, with clean, reliable, sustainable, low-cost air conditioning from Enwave's innovative Deep Lake Water Cooling system.

The 750,000-square-foot, 70-floor tower will help reduce greenhouse gas (GHG) emissions by 3,224 tons, an amount equivalent to taking more than 645 cars off the road. Electricity usage will be reduced by over 2.9 million kilowatt-hours (KWh), comparable to the electricity used by more than 290 homes.

The $500-million Trump International Hotel and Tower, a joint venture between Donald Trump and Talon International Development, will be built at the corner of Bay and Adelaide streets, in the heart of Toronto's financial and entertainment district. It will feature features 291 luxury hotel rooms and will offer 147 residential condominiums for sale. The building was designed by Zeidler Partnership Architects, in Toronto, and will be built by EllisDon, a long-established Canadian construction company.

Enwave launched its Deep Lake Water Cooling initiative in August 2004 and currently has 12 buildings connected to the system, with another 34 buildings to be connected by 2009. The system derives power from the icy cold water deep within Lake Ontario, running the lake water through the city's filtration system to Enwave's facilities where the energy is extracted from the icy water. It is this energy that is used to cool the buildings.

Last week, Enwave and Hudson's Bay Company (Hbc) officially flipped the switch to turn on the air conditioning at Hbc's flagship Bay store and head office tower in downtown Toronto. Both buildings will be powered by Deep Lake Water Cooling, making Hbc the first retailer in Canada to tap into this resource to cool its 1,32-million-square-foot office tower and store.

Enwave president and CEO Dennis Fotinos noted that "Hbc will save 3,571,200 million kWh per year, which is the equivalent to powering more than 350 homes, and will contribute to reducing harmful emissions by 3,928 tons, comparable to permanently removing 786 cars from the road."

Enwave Energy, formerly Toronto District Heating Corporation, has more than 40 kilometres of pipes buried deep in the city's right-of-way. This system allows it to distribute steam and chilled water to more than 140 buildings in the downtown Toronto core, providing them reliable, cost-effective and environmentally friendly heat and cooling. Client buildings include the Air Canada Centre, Metro Toronto Convention Centre, Royal Bank Plaza, TD Centre, and Steam Whistle Brewing, plus a number of hospitals.

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