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KIP secures $580m financial close for University of Kentucky campus utility plant

By District Energy posted 3 hours ago

  

yahoo! finance

Summary

Kentucky Infrastructure Partners (KIP) has completed the financial close for the University of Kentucky (UK) Central Utility Plant (CUP) project, clearing the way for full-scale construction of a new facility and upgrades to the university's energy infrastructure.

The project will design, finance, build, operate and maintain a central utility plant to expand and strengthen the University of Kentucky's heating, cooling and back-up power systems.

It will also include significant upgrades to the campus-wide district energy distribution network, as well as the modernization of existing utility systems.

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