University of Iowa

ENGIE North America and Meridiam have been awarded a 50-year concession valued at over $1 billion to manage the University of Iowa's energy, water, and sustainability systems across two campuses in Iowa City, Iowa.

The University of Iowa's board awarded a consortium of French companies, jointly owned by ENGIE and Meridiam, a 50-year contract to operate its utility system in exchange for a $1.165 billion upfront payment. The decision was made on December 10, 2019.

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.

Molin Concrete Products was awarded the precast contract for the $89 million Kinnick Stadium renovation project at the University of Iowa, selected by general contractor JE Dunn Construction.