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How we helped St. Bartholomew’s

St. Bartholomew’s, London’s oldest hospital, is set to receive an overhaul of their energy infrastructure to better meet the needs of its employees and patients.

SDCL has provided £2.5m finance for Skanska, a leading international engineering contractor, to deliver a low carbon combined chilling/heating and power (CCHP) solution at the iconic hospital. CCHP is an optimal approach to generating lower carbon electricity and heat under the recent EU Energy Efficiency Directive. The project is expected to provide significant carbon emission reductions.

The project is the first investment under “Powering Health”, a strategic collaboration formed between SDCL, GE, Clarke Energy and the NHS confederation to finance and implement combined heat and power (CHP) solutions in the UK National Health Service (NHS), and is also the first fully financed Private Finance Initiative (PFI) of its kind, delivered by Skanska.

This innovative scheme enables the hospital to attain carbon reduction and energy security as a service while eliminating capital investment requirements.

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