How we helped Kingspan

Kingspan Group PLC, a market leader in high performance insulation and other products and services, is retrofitting their UK industrial facilities.

The framework agreement provides up to £5 million of investment for projects to retrofit Kingspan’s UK industrial facilities with systems and services that will reduce energy consumption by as much as 15%. The projects are designed and delivered by Johnson Controls Inc, a global company offering products and services to optimise energy and operational efficiencies of buildings.

The first project will take place at Kingspan’s Holywell factory in Wales. The factory is part of Kingspan’s insulated panels division and is the largest manufacturing facility of its kind in the world. The project will involve the installation of energy metering, building management systems, lighting upgrades with a full digital addressable lighting interface control system, motor replacement, a compressed air system upgrade and fan optimisation measures. The framework agreement offers the potential to save over 4,500 tonnes of CO2 emissions per year across the portfolio.

The projects will be financed under an innovative energy services agreement, whereby 100% of the project costs will be covered in return for a share of the energy savings achieved.

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