The NHS is one of the UK’s most energy intensive organisations, spending more than GB£750 million on energy costs each year. GIB and DLL are working with NHS Trusts to improve energy efficiency and save money. GIB and DLL committed GB£50 million of funding for NHS energy efficiency measures, with both parties investing GB£25 million.
The first project funded by the alliance will be at Queen’s Medical Centre, part of Nottingham University Hospitals NHS Trust, where GB£7.5 million is being invested to finance the installation of a suite of energy production and reduction measures. The project has been developed under the Carbon and Energy Fund (CEF) framework and it will be delivered by the energy services company, Interserve. As with previous NHS energy efficiency projects, the Trusts and Health Boards that will benefit from the new funding won’t need to find the capital upfront. The money saved by reducing their energy bills more than covers the cost of the repayments.