UK hospitals set to benefit from Green Investment Bank fund
Two hospitals in Cambridge, UK are set to benefit from a multi-million pound investment from the Green Investment Bank for a biomass project.
The £18 million (€21 million) injection is the Bank’s first foray into aiding a National Health Service renewable energy project.
If planning permission is approved, the new facility will provide Addenbrooke and Rosie hospitals with a CHP unit, biomass and dual fuel boilers and heat recovery from medical incineration.
Cambridge University Hospitals NHS Foundation Trust, which operates both hospitals, predicts the move to renewable energy will save over £20 million in energy costs over 25 years, as well as displacing over 25,000 tonnes of CO2 emissions annually.