Louisiana’s Southern University (SU) and A&M College have issued a Request for Proposals (RFP) for an energy P3.
The university request proposals from qualified companies as it is considering an innovative energy and infrastructure strategy. SU is providing an opportunity for qualified third parties to manage its energy systems and other infrastructure for the benefit of the University and the State of Louisiana.
The project will be structured as a public private partnership and must comply with applicable provisions of Louisiana law concerning cooperative endeavors and the authority of boards of education to execute leasing.
The private partner will bring local, operational, technical and financial expertise for the University.
The project includes a long-term lease of the energy assets that the concessionaire will be responsible for their operation and maintenance, and possibly including the management of supply side energy. The project also considers a mechanism by which the third party would institute certain saving measures, including Energy Conservation Measures (ECMs) and Operational Cost Reduction Measures (OCRMs) for the overall benefit of the University.
The risk for the implementation, operation, maintenance, infrastructure repair and replacement shall be allocated among the parties, but revenue recovery for the implementation of the ECMs and the OCRMs shall be borne by the qualifies proposer.
Responses are due by 17 November. Click here to download the RFP.
Brookfield Asset Management’s Public Securities Group has announced that it has acquired Center Coast Capital Holdings, an affiliate of Center Coast Capital Advisors (CCC), a Houston-based SEC-registered investment adviser focusing on energy infrastructure investments, including master limited partnerships (MLPs), with over US$4 billion in assets under management.
Read moreAMP Capital has reached financial close on its largest ever North American deal, acquiring 100 per cent of ITS ConGlobal (ITSC) from Carlyle Infrastructure Partners.
Read moreSan Diego County Regional Airport Authority has selected a preferred bidder to design, construct, finance and operate a cargo facility.
Read moreBalfour Beatty has reached an agreement with a subsidiary of CBRE Group to sell Heery International, its full-service US engineering and programme management, architecture and interior design firm.
Read moreMiami County (Indiana) has issued a Request for Proposal (RFP) to prospective entities interested in submitting a proposal to develop, design, build, and finance the County’s highway maintenance facility.
Read more