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Meridiam and ENGIE have been awarded a 50-year Utility Management Concession with the University of Iowa to manage and improve the campus utility systems, aiming for coal-free energy by 2025 and a zero-carbon transition.
“Meridiam and ENGIE will be 50/50 partners in a new Special Purpose Vehicle that is locally resourced to deliver the requirements under the Concession Agreement.”meridiam.com
Summarized from public sources; check the original articles before acting on it.