If you cycle between 45 C and 55 C water temperature (as mentioned by the press release), you are only getting a 10 C delta. That isn't even enough for district heating, probably not even with heat pumps.
Now if you have something like a steel foundry, that have much hotter cooling water, you can absolutely use the heat for district heating, but even then it usually isn't enough for cost effective electricity generation. Even when it is waste heat, as the equipment to handle it still costs money and requires maintenance.
