Louisiana State University board settles $810M energy deal
Louisiana State University’s governing board has agreed to enter into an $810 million energy contract for outside companies to operate, maintain and improve the campus’ energy plants for three decades.
The deal had grown controversial amid fighting about which contractor should be elected, closed-door negotiating with companies and the lack of a public bid process.
The Advocate reports that the final agreement, adopted by the LSU Board of Supervisors, involves two contractors: Enwave Energy Corp. and a joint venture that includes Baton Rouge businessman Jim Bernhard and the national firm Johnson Controls Inc.
The LSU Board of Supervisors has approved a broad agreement that calls for splitting a lucrative energy services contract for the Baton Rouge campus between two entities.
Gov. Edwards to meet with LSU officials about energy contract
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Larry Bankston representing Bernhard group in challenge over LSU deal
Tuesday, December 29, 2020
The complaint filed Monday by Louisiana Energy Partners challenging competitor Enwave Energy’s eligibility to bid on a lucrative energy services contract at LSU because the Canadian company does not have a Louisiana contractor’s license recalls a similar procurement challenge over licensing issues that temporarily derailed the state’s flood recovery program in 2017.
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Bernhard seeks to disqualify Enwave on LSU energy deal
Monday, December 28, 2020
Controversy over a long-term, lucrative deal to modernize the aging energy system on the LSU main campus is intensifying, now that the university’s technical staff and consulting firm, KPMG, have recommended the board award the contract to Enwave Energy over Louisiana Energy Partners, a venture owned in part by businessman Jim Bernhard’s portfolio company Bernhard Energy.
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