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Meridiam collects laurels in American universities

2020-11-19T12:03:11.495Z


INFO LE FIGARO - The investment fund will manage the water and energy supply of two giant campuses for thirty years.


In the United States, a university is a real city.

And like a city, you have to manage its water and energy supply.

What the management of the establishment can do directly.

“American universities benefit from significant state subsidies, but have a great deal of management autonomy,”

explains Thierry Déau, CEO of the Meridiam investment fund.

And they are committed, particularly in California, to improving their environmental record. ”

And Meridiam is scoring points in this area.

It has just signed a contract with the University of Fresno, California, for the operation, maintenance and improvement of its water and energy distribution system.

The fund will own 100% of the project, and will use energy service provider Noresco operationally.

The University of Fresno represents 25,000 users.

Read also:

Meridiam, this atypical fund that wants to buy water from Suez in France

This thirty-year contract represents an initial investment of $ 300 million (approximately $ 250 million

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Source: lefigaro

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