Meridiam Achieves Substantial Completion for Campus Utility Project in USA

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Meridiam Achieves Substantial Completion for Campus Utility Project in USA

Meridiam together with NORESCO has announced that the Fresno State Campus Utility Project has reached substantial completion.

The project consists of replacing and modernizing the campus’ central utility plant, hot and cold-water distribution network, and other energy conservation measures. The project incorporated cost-effective upgrades to enhance building efficiency and infrastructure, including improved HVAC controls, an energy management system and upgraded lighting and water heating. Throughout construction, Bulldog Infrastructure Group maintained consistent heating and cooling services across campus buildings. In its first year, the project’s environmental impact boosted CSU's sustainability rating, earning a Silver STARS rating with the International Association for the Advancement of Sustainability in Higher Education.

The project is a 33-year public-private partnership between the Bulldog Infrastructure Group and Fresno State to design, build, finance, and maintain Fresno State’s central utility infrastructure system, replacing the central utility plant with 3,700 tons of chilled water capacity, 35,000 MBH of hot water generation, 700 tons of heat recovery chillers and thermal energy storage. The project is funded through a 30-year green bond and equity provided by Meridiam.

NORESCO, a leading provider of comprehensive energy solutions, acted as the lead contractor and will serve as the maintenance provider for the project over the next 30 years. GLHN, an integrated architecture and engineering design collaborative, acted as the lead engineer.

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