Baton Rouge - LSU
At LSU Baton Rouge, CenTrio utilized a hybrid P3 concession structure —the first of its kind—to tailor our concession agreement to the unique needs of LSU.
Back to Case StudiesMany academic institutions face the challenge of addressing their primary mission – providing students with the best possible experience – while also grappling with operational issues which includes using campus space wisely, maintaining community relations and tending to aging infrastructure. These same issues challenged Louisiana State University (LSU), whose 1,000-acre campus serving more than 35,000 students was in need of an infrastructure upgrade to modernize utility systems and create more efficient and sustainable energy systems.
As the Concessionaire and Operator, CenTrio is responsible for the modernization, operation, and maintenance of the LSU campus utility system under a 30-year agreement. The total initial modernization project includes $110 million initial investment to modernize the Central Utility Plant, Highland Utility Center, part of the distribution system, and electrical infrastructure.
This capital improvement project will modernize the utility systems to address near term needs and invest in future lifecycle maintenance projects that will ensure enhanced reliability. The initial modernization project includes all steam, chilled water and power facilities for the 1,000-acre main campus. Additionally, the project is expected to draw a diverse, inclusive and local team to achieve these goals.
This groundbreaking public-private partnership will generate $90 million in cost savings for LSU and uncover operational efficiencies while promoting sustainability and reliability of utility systems campus-wide, including reducing the university’s carbon footprint. Throughout the lifecycle of the project and beyond, the modernization project will provide employment and learning opportunities for local, small, minority, and women-owned businesses.