The same financial services group at Ohio State University (OSU) that privatized its parking facilities in 2012 for $484 million has now hired advisors and issued an RFQ for a 50-year concession to manage all aspects of its energy system, potentially including development of a new gas-fired combined heat and power facility.

OSU’s campus occupies 1,900 acres in the City of Columbus and serves about 57,000 students and 30,000 employees or visitors. The energy system provides chilled water, electricity and heat to 411 buildings through a network of tunnels, pipes, generating plants, and other facilities.