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

By District Energy posted yesterday

  

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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