ALLIED, ENWAVE AND RIOCAN TO ACCELERATE EXPANSION OF THERMAL ENERGY SYSTEM IN TORONTO
New thermal energy storage tanks at ‘The Well’ development will provide year-round, low-carbon cooling and heating services to Toronto’s downtown west. Allied Properties REIT (“Allied”) (TSX: AP.UN), Enwave Energy Corporation (“Enwave”) and RioCan REIT (“RioCan”) (TSX: REI.UN) are joining forces to extend Enwave’s…