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KfW IPEX-Bank finances energy efficiency for hospitals

Frankfurt am Main (ots)

   - Environmental loan for new building of hospital 
     "Wesermarsch-Klinik" in Nordenham, Germany
   - Funds provided from KfW Energy Efficiency Programme

KfW IPEX-Bank is contributing a loan of around EUR 23 million to the financing of the new building of the "Wesermarschklinik" Hospital in Nordenham, Lower Saxony, which is part of the hospital service provider Rhön-Klinikum AG. The three-storey building complex will be equipped with 153 beds for basic and standard care.

The new building's primary energy consumption will be more than 30% lower than that of a similar reference building. The energy concept is characterised by particularly high efficiency. To account for the particular ground conditions, for example, it will be built on pile foundations. In this design, piles set in the ground can also be used to draw and store geothermal heat, contributing in this way to the base load temperature control of the building. The overall energy concept meets the stringent criteria of the KfW Environmental and Energy-Efficiency Programme, enabling funds to be made available from this programme.

Markus Scheer, the responsible member of the Management Board of KfW IPEX-Bank, welcomed the successful closing of the transaction. "We are pleased that this financing allows us to contribute both to the delivery of healthcare in the region and to energy efficiency. Financing investments in social infrastructure is as much a part of our core business area as financing environmental and climate protection measures."

Listed on the stock exchange, Rhön-Klinikum AG is one of Germany's biggest private hospital groups. It employs some 43,000 workers in 54 hospitals across Germany, delivering healthcare to more than 2.2 million patients every year.

About KfW IPEX-Bank GmbH

KfW IPEX-Bank is responsible for international project and export finance within KfW Bankengruppe. Its function of providing financing to support the German and European economy is derived from the legal mandate of KfW Bankengruppe. Its prime focus is on medium and long-term lending to support the export economy and develop economic and social infrastructure, and for environmental and climate protection projects. KfW IPEX-Bank operates as a legally independent group subsidiary and plays a major role in fulfilling the promotional mission of KfW Bankengruppe. It has around 570 employees and is represented in the key economic and financial centres around the globe.

Pressekontakt:

KfW IPEX-Bank GmbH, Palmengartenstraße 5-9, 60325 Frankfurt
Pressestelle: E-Mail: dela.strumpf@kfw.de
Tel. 069 7431 2984, presse.ipex@kfw.de
www.kfw-ipex-bank.de

Original content of: KfW IPEX-Bank, transmitted by news aktuell

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