Decision Maker: Director: Property, Assets and Infrastructure
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
To enable the transfer of Broughton House
energy centre, which forms part of the Redcliff heat network to
Bristol Heat Networks Limited prior to the BHNL being transferred
to Vattenfall Heat Uk Ltd as agreed at Cabinet 12nd July
2022.
Approval provided by the Director of Property,
Asset and Infrastructure and Executive Director of Growth and
Regeneration as delegated by the Cabinet on 12th July 2022. To
enter a 50-year lease with Bristol Heat Networks Ltd (BHNL) of part
of the basement plant room of the residential housing block
Broughton House in Redcliff, where an Energy Centre has been
installed to provide heat to the District Heat Network.
This lease is being granted at a nil rental, which has been
determined as an undervalue (a value below a level that the council
could demand if acting commercially). The District Heat Network
will generate heat for Commercial and residential properties on the
Redcliff Heat Network.
Option 1 - None
Option 2 -
Option 3 -
Publication date: 03/10/2022
Date of decision: 12/09/2022