OSU in final stage of selection for company to manage its energy

Ohio State University (OSU) is nearing the end of the process to select an outside group to manage its energy resources (see our March 1, 2016 blog post), Columbus Business First reports. OSU is reviewing six bids for the project; the board of trustees must approve the final plan. OSU President Michael Drake said that the benefits of the privatization plan extend beyond revenue generated to increased sustainability and energy efficiency for the campus. “I walk into different buildings where it’s hot in one room and cold in the next room, winter or summer,” Drake said, adding that OSU is “just not in the 21st century.” Columbus Business First reports that “[n]o school close to the size of Ohio State has leased such a large asset.” Drake said while the university “could wait for others” to show the way forward, “we’d prefer to be exemplars.” For more, read the full article.

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