Projects

Ironclad Energy manages the utility infrastructure in Eastman Business Park (“EBP”), a 1,300 acre state of the art industrial park in Rochester and Greece, New York, and provides 14 critical utility services to all the companies located in EBP. The park’s reliable utility services and low costs are a core part of RED-ROCHESTER’s strategy and we are actively engaged in growing EBP. As the park’s utility volume grows, customers save more money based upon a profit sharing rate structure.

Less than 30 days after purchasing the energy assets within EBP in late 2016, we broke ground on a new $75M natural gas powerhouse and plan to retire the old coal powerhouse in early 2018. The short answer is this project dramatically improves air emissions while lowering customer costs thereby making EBP even more attractive to new industrial tenants that are looking to expand their operations. A snapshot of our operations in Rochester, NY are:

• 120 MW behind-the-meter tri-generation w/ grid interconnect and a 12.5 KV underground electrical cable network
• 1,600 KPPH of steam produced at 1,400 psi with site-wide distribution at 260, 140/70 & 10 PSIG and site-wide condensate return system
• 90 miles of largely above-ground distribution pipelines
• 50,000 TONS of chilled water capacity including 800 tons of 9-degree F brine capacity.
• 40,000 SCFM of compressed air
• 2,300 SCFM of nitrogen generation
• 36 Million Gallons a Day average hydraulic capacity (54 MGD max) with water intake from Lake Ontario (5 miles to the north) coupled with an underground sewage piping system and in house sewer treatment plant designed for industrial effluent
• 3,000 GPM of demineralized water capacity
• 400 GPM – ultra high purity water
• 400 GPM of reverse osmosis water capacity
• 3.5 & 12.5 Million Gallon reservoirs, distribution and pumping of industrial, process and fire water.

Ironclad focused on optimizing all aspects of RED Rochester.  Upon close, the team worked with the EPA to extend permitting requirements to allow for the construction of the $75M boiler house.  Within 30 days of the acquisition, construction commenced and the old coal boilerhouse was replaced 18 months later.  Following construction of the boilerhouse, Ironclad created an accretive project group who ultimately executed another40+ accretive projects to bring additional value.  The team worked with their customers to restructure the Utility Service Agreements to achieve better alignment with customers allowing for all parties to succeed with growth.  Working with the customers, the team brought in large new customers and helped existing customers expand to a point where new generation was needed.  The team then developed and constructed a new cogeneration facility on-site allowing for additional growth into the future and significantly better efficiency.