EcoSmart Solution, a green energy service provider (Green ESP) designing and delivering innovative geothermal infrastructure for zero energy capable communities, announced a long term partnership with RISE, a minority-owned development and construction management firm that brings equitable growth opportunities to Boston communities that need it most.
EcoSmart Solution and RISE performed a comprehensive study that evaluated the suitability and feasibility of building zero-energy capable technology near Neponset Wharf, a mixed-used development that includes 120 apartments and 4,000+ square feet of restaurant space. Committed to meeting Carbon Free Boston 2050, as well as its own aggressive Environmental, Social and Governance (ESG) goals, RISE will implement EcoSmart Solution’s innovative geothermal infrastructure across all its future projects.
In addition to Neponset Wharf, EcoSmart Solution will deliver its streamlined technology platform that includes its GeoGrid™ network, solar PV, battery storage, EV charging and more, to two additional RISE projects: Sullivan Square, another mixed-use development that includes over 900 apartments and a Life Science Lab Space.
EcoSmart Solution’s state-of-the-art geothermal system, combined with additional, tailored green-energy technology, reduces a building’s carbon footprint. Not only will this strategy benefit tenants through lower monthly utility bills, it will also empower RISE, and other developers, to meet and surpass rigorous ESG standards.
“RISE is an ideal partner and forward-thinking real estate developer with goals that align with EcoSmart’s core values. We are excited to apply our zero-energy capable technology as they set out to meet their ESG goals,” said John Towle, CEO of EcoSmart Solution.
“A significant milestone and testament to both teams, we’ll now get to showcase just how innovative our green energy system is in the Northeast climate.”
“RISE is excited to partner with an innovative, sustainable company like EcoSmart Solution,” said Jim Grossmann, Co-Founder of RISE.
“We are looking to build smart, equitable solutions in Boston’s neighborhoods, and that means looking beyond tomorrow to ensure these developments are more sustainable for the future, and the lasting impact is meaningful and will contribute to the overall health and viability of the community.”
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