The Kingston University in London (UK) has entrusted the French group Engie with renovations and the future energy management and monitoring across the sites with a contract worth £195 million (around € 222 million). Out of this amount, £55 million will be spent on redesign and refurbishment of 1332 university chambers, followed by a 50-year facilities management and lifecycle contract worth further £140 million. Engie will also take an equity stake in the refurbishment project, alongside infrastructure investment firm, Equitix.
The work will start in June 2019 and should be completed in August 2021.