ENGIE set to deliver £195m Kingston University deal
ENGIE, the leading energy and services Group, has been announced as the preferred bidder for a major new £195 million student accommodation scheme for Kingston University in London.
- £55 million redesign and refurbishment of 1,332 bed student accommodation
- £140 million, 50-year facilities management and lifecycle contract
- ENGIE to take equity stake in refurbishment project [alongside Equitix]
- Contract combines ENGIE’s unique energy, services and regeneration capabilities
- In-line with ENGIE’s long-term placemaking strategy for the public sector
The contract will see ENGIE provide an initial £55 million redesign and refurbishment of existing student accommodation, followed by a 50-year facilities management and lifecycle contract worth a further £140 million. ENGIE will also take an equity stake in the project, alongside leading infrastructure investment firm, Equitix. ENGIE will also carry out interim FM services during the refurbishment phase.
The new contract aligns with ENGIE’s wider strategy to combine its capabilities to assist local authorities and other public sector customers with placemaking. ENGIE works alongside them to shape the future use of their estates and public spaces - supporting with planning, design and management - to improve the lives of those who use them.
The progressive placemaking project will deliver 1,332 new energy efficient, state-of-the-art bedrooms, to the Kingston Hill and Seething Wells halls of residences at the university, while improving the overall student experience.
Following the initial refurbishment phase, ENGIE will be responsible for the FM and lifecycle management of the remodelled halls of residences – from furnishings, such as student desks and beds, through to infrastructure replacement, including electrical wiring, shower facilities and lifts. Additionally, ENGIE will support the day-to-day lives of the students, from reception management to communal area cleaning, as well as enabling high speed Wi-Fi and IT services to ensure the best experience for occupants.
ENGIE will also be responsible for energy management and monitoring across the sites, bringing innovative technology to deliver a sustainable student experience and also optimising levels of energy efficiency within the buildings. Renewable and energy-saving technologies such as air source heat pumps, solar panels, high efficiency gas boilers and LED lighting will be installed as part of the project.
ENGIE also plans to install charging points for electric vehicles (EVs) and will be responsible for energy management and monitoring across the sites.
Sam Hockman, Divisional COO for ENGIE’s Places & Communities Division (South) said: “We are delighted to have been selected as preferred bidder by Kingston University for this major placemaking contract in the further education sector. The progressive nature of the project has allowed us to bring together ENGIE’s unique combination of expertise in energy, services and regeneration, in a way which will have far-reaching benefits for the university and those who study there.”
We look forward to delivering our robust and innovative solutions, working together with the University to bring their vision to life and enhance the overall university experience for students.”
Keith Brennan, Kingston Registrar and University Secretary said: ‘From the outset, the quality of the consortium’s proposals shone through, underpinned by the clear enthusiasm of the team involved. The University were looking for a fresh approach for our student accommodation at these sites and a team we could work closely with as long-term partners for the benefit of our students - we look forward to working closely with Equitix and ENGIE.’
Refurbishment and building work are likely to commence in June 2019, with an anticipated completion date of August 2021.