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SDCL presents district energy pitch to Lincoln County; site visit planned
Summary
Private firm SDCL presented a district/campus energy and infrastructure financing model to the commission and said it will conduct a local site visit; no formal action was taken.
Representatives from SDCL Energy & Infrastructure Solutions presented a PowerPoint to the Lincoln County Board of Commissioners describing a plan to provide district or campus‑based energy infrastructure for a proposed industrial park. Derek Hembd told commissioners SDCL is an investment and fund manager based in London with U.S. operations; the firm would provide capital for utilities and recover costs over a 20–30 year repayment schedule from park users.
Commissioners and staff were advised SDCL is conducting a site visit the same day and will meet with multiple county stakeholders. No formal action or contract was approved at the July 21 meeting; staff and SDCL will continue discussions.
The presentation emphasized that SDCL’s model delivers utilities to tenants without upfront capital from the county, but financing and legal terms would require later negotiation and board approval before any commitment.
Next steps: SDCL’s site visit and follow‑up meetings with county staff and potential tenants; any agreement would require legal review and explicit board authorization.
