Southern Illinois University Board of Trustees Agenda Packet 2026-05-29
SIUE Approves $6.2M Solar Project with Trane
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Description
The SIU Board of Trustees authorized SIUE to enter into a Master Energy Performance Agreement with Trane to install solar power equipment on multiple campuses for an amount not to exceed $6.2 million. The solar project is designed to leverage federal and state incentives and is expected to generate a positive cash flow of $1.94 million over 20 years.
Contract Details
Contract Amount
Not to exceed $6,200,000
Vendor
TRANE
Agency
Southern Illinois University-System Office, IL
Contract Type
CONSTRUCTION
Document Date
May 29, 2026
Contract Term
20 years (projected cash flow period)
Renewal Date
2046-07-04
Renewal Info
Master Energy Performance Agreement for solar installations with anticipated 20-year performance period; no explicit renewal options noted.
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