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About us
Amber is a leading international investment manager. For over 15 years, we have mobilised capital into essential, responsible infrastructure.
What we do
We source, finance and manage infrastructure assets for both the public and private sectors, applying an integrated approach throughout the lifecycle of each investment.
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Projects

Epsom & St Helier Hospital Tranche II

Energy
Energy Efficiency

MEEF with the support of Triodos Bank provides green funding to Epsom and St Helier University Hospitals NHS Trust.

Sector
Energy
Energy Efficiency
Location
London, England
Status
Operational
Funding type
Debt - £9.6m
Financial close
January 2019
Term length
10 year loan
Funding

£ 0.0 M

About

In January 2019, MEEF signed a second tranche of funding to Epsom & St Helier NHS Trust for £9.6 million alongside Triodos Bank for an EPC at the Epsom Hospital. Measures include an HVAC system, building controls and a CHP heat network. On completion of the works the measures are forecast to achieve a 21% energy saving and reduce annual carbon dioxide emissions by c.1,300 tonnes.

MEEF agreed to increase the facility in August 2019 to fund fabric upgrades to the Wells Wing building of Epsom General Hospital, this included an upgraded roof finish and insulation (‘Tranche 2b’) and the installation of a new façade comprising of an external wall insulated render system and replacement new double-glazed uPVC/PPC aluminium windows (‘Tranche 2c’).

Breathe were selected as the EPC contractor through the Greater London Authority (“GLA”) RE:FIT programme.

Forecast annual energy saving

0 %

First year CO2 reduction

0,0 tonnes

Sustainable Development Goals (SDGs)

2030 Agenda for Sustainable Development adopted by UN Member States in 2015

SDGs supported:

Outcomes

  • The investment aimed to provide the Trust with a complete building solution that maximizes energy reduction by combining building envelope and internal measures. Moreover, the regeneration and refurbishment of the hospital will help to improve the mental wellbeing of staff and patients 
  • Forecasted annual energy savings of 22% 
  • Forecasted first year CO2 savings of 1,308 t

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