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The LSU Board of Supervisors has opted not to call a special board meeting that had been tentatively planned for Tuesday to consider moving forward on a lucrative, long-term contract to modernize the energy system on the main Baton Rouge campus.
Controversy over a long-term, lucrative deal to modernize the aging energy system on the LSU main campus is intensifying, now that the university’s technical staff and consulting firm, KPMG, have recommended the board award the contract to Enwave Energy over Louisiana Energy Partners, a venture owned in part by businessman Jim Bernhard’s portfolio company Bernhard Energy.
A technical committee two proposals for a long-term deal to provide energy services to the LSU main campus is recommending the university enter into contract talks with Toronto-based Enwave Energy over Louisiana Energy Partners, a joint venture with ties to politically connected businessman Jim Bernhard.
ExxonMobil is proposing a more than $240 million investment at its north Baton Rouge refinery that will include upgrades and installation of new technology and equipment designed to make the facility more competitive and efficient.