Duquesne University, a 120-year-old institution, was faced with an aging utility solution and not enough capital to update.

Cordia acquired Duquesne University’s central utility plant for a substantial upfront payment that was off-balance sheet and credit-positive per Moody’s Review.

We entered into a 40-year Energy Services Agreement (ESA) with Cordia assuming operating and revenue risk throughout the contract.

Designing, constructing, and financing Sun Devil Energy Center, ASU’s CHP plant.

Ensuring CHP continuous compliance with federal reliability requirements for ASU’s critical biomedical research, which provides heating and cooling to campus.

Offsetting plant emissions through ASU’s onsite, natural gas-fueled solar generation.

Designing a future-ready facility that can expand over time (Case-in-point: Capacity doubled to 16 MW in 2019 with the addition of a new turbine).