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Ohio State announces $1b energy-management project

by Released 3/30/17, published on 4/13/17

ENGIE North America and Axium Infrastructure have been awarded a $1.17 billion comprehensive energy management contract by Ohio State University.

It will include the construction of a new energy advancement and innovation center to improve the university’s energy efficiency by 25 percent within 10 years.

The Comprehensive Energy Management Project will modernize the university’s 485-building Columbus campus, create substantial academic benefits and establish a major center for energy research and technology commercialization.

The project’s total value of $1.165 billion includes a $1.015 billion upfront payment to the university and a $150 million commitment to support academics in specific areas requested by students, faculty and staff during the bidding process. This would be the largest single investment in Ohio State’s academic mission.

The proposal includes a $50 million Energy Advancement and Innovation Center for energy research and technology commercialization. The center would create a hub where faculty members, students, alumni, ENGIE researchers, local entrepreneurs and industry experts work together on the next generation of smart energy systems, renewable energy and green mobility solutions.

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