Fast forward to now, and the relationship between LCUB and the mystery company has come to an end. Don't know exactly what happened, but apparently the relationship has been rocky from the start. Below is a statement from the most recent LCUB audit which came out March 2020.  

Data Center: The Utilities Board has constructed a data center in the lower level of the new operations center located at 7698 Creekwood Park Boulevard, Lenoir City, TN 37772. The purpose of the data center is two-fold. The main purpose was to construct a data center that is Tier 3 inspired data center for the housing and calculation, storage and security of the Utility Board's operational data. Given that the Utility Board has a robust Fiber optic ring located in the Utility Board's territory that is connected to the Utility Board's data center, the Utility Board is preparing for the electrical system of the future.

Secondly, the Utility Board could possibly create another revenue stream with potential co-location of private data. The data center is still under construction. During the interim, the Utility Board decided to secure an operator of the data center (SH Data Centers, LLC) in order to secure private tenants and to operate the data center for the Utility Board. One of the main objectives securing an operator was to also insulate the Utility Board from potential legal exposure for the "private" side of the business.

A lease has been signed by both parties, the Utility Board and SH Technologies. We have discovered, however, that some issues in the lease were not contemplated in the lease at the time of execution which has led to negative operational results currently. The lease is currently being revised through further negotiations to eliminate the negative operating results.

Most importantly, while construction is on-going, the tenant/operator has suspended the leasing of space in the data center. This has caused some consternation since the Utility Board's servers and a few racks of private servers are being serviced by the Utility Board data center. The Utility Board acknowledges the return for the rate payers is not being fully realized at this time, but once construction is completed and the lease has been modified, the data center will be a very good addition to the rate payer's portfolio. Independent Audit Period Ending June 30, 2019 

The relationship apparently never got any better as they have left the building now, or as some have put it, the spooks in the basement are gone.

Not sure what happens now about that other revenue stream mentioned in the audit.