Public-Private Partnerships
Balancing risk while advancing energy infrastructure
Looking to modernize infrastructure and boost resiliency without taking on excessive financial or operational risk? NORESCO’s public-private partnership (P3) solutions enable public organizations to fund and implement critical assets that meet the evolving demands of today and tomorrow.
What is P3?
A public-private partnership (P3) allows an organization to transfer key project risks to a private entity. By leveraging third-party capital, organizations such as higher education institutions, healthcare systems, and state agencies can overcome complex challenges without capital investment P3 solutions integrate design, construction, financing, and long-term operations and maintenance for optimal performance and sustained.
Benefits of P3
With over 30 years of experience developing, designing, building, financing, operating, and owning central utility plant assets under P3 structures, NORESCO delivers projects that:
Preserve capital expenditure
Improve operating budget predictability
Minimize maintenance responsibilities
Enhance resiliency and reliability
Solutions Solved with P3
P3s empower public and private organizations to secure reliable energy supplies, solve water and wastewater challenges, and modernize aging infrastructure. Each project is designed to meet specific infrastructure and financial goals. Assets upgraded through P3 structures include:
NORESCO's P3 Delivery Model
NORESCO has strategic partnerships with leading financial and technical experts in the P3 industry. We offer comprehensive lifecycle support, including design, build, operations, and maintenance services. Our partners contribute capital to help organizations achieve long-term budget stability.
Guaranteed Long-Term Performance
NORESCO’s performance guarantees lower capital costs, which is vital for long-term contracts spanning 30 years or more. Our team delivers ongoing operations and maintenance support that prioritizes performance excellence, customer satisfaction, and effective risk management.
