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eeef Annual Report 2014

University Hospital S. Orsola Malpighi Project profile The project entity Progetto ISOM signed a concession agreement with the University Hospital S. Orsola Malpighi. The concessionaire, the university hospital, is one of the biggest Italian hospitals, with approximately 5,300 employees and 1,700 beds. Initiatives are planned in order to improve the energy efficiency of the entire fluids production and distribution system and reduce energy consumption.Such measures include the adoption of energy efficient equipment such as centrifugal chillers and absorbers, the reconstruction of the heat distribution networks, the renovation of heat exchange substations and the inclusion of a tri-generation plant for the combined production of cooling, heat and power (CCHP), based on the energy consumption of the hospital facility which is fuelled by methane gas. The new technological centre for highly efficient energy production and distribution will achieve a reduction in CO2 e emissions of approx. 31% compared to the baseline. The project is currently under construction and is expected to be in operation by the beginning of 2016. Project Highlights This upgrade of the entire energy system of the university hospital has been the biggest energy efficiency upgrade in Italy to be completed as part of a public-private partnership (PPP). For the local public healthcare it is a significant step forward, as the university hospital is one of the biggest hospitals, making it a role model for other hospitals in Italy. It is a major project which demonstrates the positive impact of energy efficiency measures in public buildings which have to be run 24/7, thus improving the underlying conditions for providing healthcare services to citizens of the Region Emilia-Romagna. Key figures Country Italy Sector Energy efficiency – upgrade of entire energy system Type of investment Senior funds Total project size (¤ m) 41.0 eeef investment size (€ m) 31.8 Financial Close 08 May 2013 Maturity 20 years Estimated (t) CO2 e emission savings (p.a.) 14,136 Bologna 18 eeef Annual Report 2014