Word: matep
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Dates: during 1990-1999
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Harvard completed the sale Sunday of its controversial Medical Area Total Energy Plant (MATEP) to Commonwealth Energy System for $147 million...
...transfer of MATEP, located at Harvard's Longwood Campus in Boston, to Cambridge-based Commonwealth Energy, resulted in a large financial loss for the University...
...MATEP was completed by Harvard in 1985 at a cost of $350 million, almost $150 million over budget, because of cost overruns and delays created by community protests...
...addition to expanding the number of customers who rely on MATEP, Commonwealth Energy will seek to introduce technological improvements to the plant, according to a news release announcing the transfer...
...MATEP was planned during the oil crisis of the '70s as a means for holding down Harvard's fuel costs in the event of an energy crisis...