Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Minnesota State approves MSU Moorhead $6M guaranteed energy‑savings project
Summary
Trustees approved the system's first guaranteed energy‑savings contract pilot at Minnesota State University Moorhead with Ameresco — an almost $6M, self‑funded project to convert lighting, install submetering and modernize automation, financed up to 20 years and backed by guaranteed savings.
The Finance & Facilities Committee approved the system office’s recommended guaranteed energy savings project (ESPC) at Minnesota State University Moorhead, marking the first campus project under a new alternative capital financing program that uses guaranteed savings to repay long‑term financing.
System staff and campus leaders told trustees the project, approximately $6,000,000 in scale, focuses on LED lighting conversion (about 17,000 fixtures), building automation upgrades, submetering and…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
