Ohio State Univ. Offered $1bn Fee For 50-Year Energy P3

Ohio State University Trustees will decide on April 6 whether to award a 50-year lease of its district energy system worth $1.015 billion to its preferred bidder, Montreal-based fund manager Axium, teamed with Engie North America, a French power generation company. The $1.165-billion deal assumes private investments in energy efficiency will reduce electricity and natural gas use by 25% in 10 years.

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About Bill Reinhardt

Editor of Public Works Financing newsletter

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