A consortium of three Liverpool NHS trusts has become the first European recipients of the new Investor Ready Energy Efficiency (IREE) certification. The consortium’s £13m project, which has been developed by the Department of Health’s Carbon and Energy Fund with financing from Macquarie Group, will see three hospitals retrofitted: Aintree University Hospital NHS Foundation Trust, Liverpool Women’s NHS Foundation Trust, and The Walton Centre NHS Foundation Trust.
The retrofits are expected to halve energy consumption, producing savings of £1.85m a year.
The Investor Confidence Project (ICP) Europe’s new IREE certification for commercial and multifamily residential buildings is awarded to retrofit projects that follow ICP’s framework, and provides investors with confidence in financial and environmental results.
ICP Europe is a sister project of the Investor Confidence Project, launched five years ago in the USA by Environmental Defense Fund, and is funded by the European Commission’s Horizon 2020 programme.