Board of Regents in the State of Iowa signs $1.1 bn Utility System public/private partnership for the University of Iowa Posted on December 11, 2019 by Carol Todd Regents sign $1.1 billion UI Utility System public/private partnership The deal with ENGIE/Meridiam will result in a $1.1 billion upfront lump sum to the UI, which is anticipated to grow to around $3 billion over 50 years.