Nashville wants to sell its downtown energy system to a private buyer for $60M

Nashville wants to sell its energy system that heats and cools more than 40 buildings downtown — including the Tennessee state Capitol — for $60 million. Metro's District Energy System uses electricity and natural gas to produce steam and chilled water that is distributed through 91,100 feet of underground pipes to its downtown customers.But city officials say its no longer financially viable for Nashville and are in final negotiations with Engie Development, LLC to sell the system.