Turner Construction
Summary
Kentucky Infrastructure Partners (KIP) today announced that it has reached Financial Close on the University of Kentucky Central Utility Plant (CUP) Project, a transformative infrastructure investment that will support the University’s continued growth, including the expansion of its healthcare, research, and academic facilities.
The project represents a total investment of approximately $580 million, and includes the design, construction, financing, operation, and maintenance of a new, state-of-the-art central utility plant, along with significant upgrades to the University’s district energy distribution systems.
The new Central Utility Plant will be a critical component of the University’s long-term campus infrastructure strategy. The project will deliver expanded heating, cooling, and backup power capacity to support major capital programs, including the expansion of the University of Kentucky Albert B. Chandler Hospital and other key facilities.
Operations & Maintenance Provider: NORESCO, LLC
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