Brief: KIP Closes Utility Plant Financing, Names Walsh-Turner JV As Design-Builder

HOCHTIEF AG

12/06/2026 06:23

June 12 (Reuters) -  Turner Construction Company:
SAID ON THURSDAY, KENTUCKY INFRASTRUCTURE PARTNERS (KIP) REACHES FINANCIAL CLOSE ON UNIVERSITY OF KENTUCKY UTILITY PLANT PROJECT
WALSH-TURNER JOINT VENTURE SELECTED AS DESIGN-BUILDER
PROJECT INVESTMENT TOTALS ABOUT $580 MILLION
CONSTRUCTION EXPECTED TO TAKE 35 MONTHS, COMPLETION TARGETED FOR 2029
KIP TO OPERATE FACILITY FOR ABOUT 30 YEARS POST-COMPLETION
PROJECT INCLUDES NEW UTILITY PLANT, CAMPUS UPGRADES, BACKUP POWER INFRASTRUCTURE
        
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