Infracapital-backed Last Mile, an independent network owner, and Rendesco, a provider of heat pump installation services, agreed to form Last Mile Heat Networks, a ground source and water source heat pump infrastructure joint venture. Financial terms were not disclosed. “We are deligh ted to enter this partnership and look forward to working closely together. Rendesco is highly complementary to the existing Last Mile businesses, adding another string to its bow. The joint venture means that we are very well placed to capitalise on the sizeable and growing opportunities available in the UK GSHP connections market whilst enhancing our sustainability offering to customers," Mike Pearce, Last Mile Infrastructure CEO.