Investors have committed £15.4m funding to a new energy efficiency project for NHS Tayside…
Aviva Investors have committed £15.4m to a new energy efficiency project that will benefit NHS Tayside. Investment was made through the REaLM infrastructure funds on behalf of its clients, including the UK Green Investment Bank, which is indirectly investing £7.7m.
The project will see an energy centre constructed at Ninewells Hospital, which will provide 90 per cent of the power and 100 per cent of the heat for the site. As well as Ninewells, it also houses Tayside Children’s Hospital and Maggie’s Cancer Centre Dundee.
Perth Royal Infirmary and Stracathro Hospital near Brechin will also see LED lighting and insulation installed.
The trust, which is one of the 14 regions of NHS Scotland, looks after the health and wellbeing of some 410,000 people in the local government areas of Dundee, Angus, and Perth & Kinross.
Vital Energy signed a 25-year performance contract, which was procured through the Carbon Energy Fund Framework. The firm will be responsible for the design, construction, installation, operation, and maintenance of the technology during this period.
Scotland Office Minister Andrew Dunlop said: “This is an extremely welcome announcement as it combines enlightened investment with energy efficiency and the best of Scottish innovation.
“This centre will make a real difference to the costs of providing energy to hospitals in Tayside and is another example of UK institutional investors supporting infrastructure projects which will be of benefit to the wider public.”
NHS Tayside’s head of property Mark Anderson said: “This project is designed to make our hospital sites more energy efficient and enhance the service and environment for the patients and staff of NHS Tayside.
“It fits clearly with our strategic theme of delivering high-quality care in the right place through safer, effective, resilient and sustainable services.”
The project is expected to be completed in December 2016 and should cut energy costs by 10 per cent.