The day before the University of Iowa’s new private utilities partner sued the campus, accusing it of breaching obligations, the university – again – had accused the partner in writing of failing to meet performance standards, demanding it pay another $5 million for the shortcomings.
In its push to become coal-free by 2025 – or sooner – by adding more “green” to its energy palette, the University of Iowa is considering a second utilities-related public-private partnership, this one for the production of renewable fuel pellets to help power its sprawling campus.
Iowa Supreme Court says the University of Iowa and Board of Regents must hand over extensive financial details and documents about their $1.165 billion public-private partnership to operate the UI utilities system for the next 50 years.
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