Vicinity Energy CEO Bill DiCroce, center left, speaks with Boston Mayor Michelle Wu, center right, as they head into the Kendall Square energy station. Photo: Steph Solis/AxiosWhat's happening:
Now it's electrifying that system and getting demand from companies seeking electric-powered heating and cooling.Vicinity signed a contract with developer IQHQ to supply electric powered heat to its upcoming Fenway biotech campus, Vicinity CEO Bill DiCroce said yesterday outside the company's Kendall Square steam plant. The campus will include a 960,000-square-foot life sciences space and a nearly 300,000-square-foot project at 109 Brookline Ave.
Many of the city's largest buildings are in downtown Boston or Back Bay, which are part of Vicinity's district.