Hospital biomass scheme gets £18m Green Investment Bank injection

BusinessGreen staff
clock •

Addenbrooke's and Rosie Hospitals expected to save £20m in energy costs over 25 years and cut 25,000 tonnes of CO2 per annum

The Green Investment Bank will provide £18m towards funding a biomass energy centre to power two Cambridge hospitals, marking the institution's first investment in the NHS. Non-domestic energy efficiency...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

BusinessGreen staff
Author spotlight

BusinessGreen staff

View profile
More from BusinessGreen staff

Record clean power auctions, net zero cost rows, and Winter Olympics fears

Installing the digital foundation that buildings need for a decarbonised future

More on Investment

UK backs ocean protection and climate poverty projects with £14m funding
Investment

UK backs ocean protection and climate poverty projects with £14m funding

At least eight projects backed by OCEAN Grants Programme to protect marine habitats, improve food security, and support thousands of jobs

Stuart Stone
Stuart Stone
clock 26 January 2026 • 3 min read
Drax inks £42m deal to acquire Flexitricity
Investment

Drax inks £42m deal to acquire Flexitricity

Acquisition set to bolster energy giant's position in the fast-growing energy storage and flexible grid sectors

Amber Rolt
clock 21 January 2026 • 2 min read
British International Investment backs new $1bn development fund
Investment

British International Investment backs new $1bn development fund

Development finance agency to act as anchor for new Allianz Credit Emerging Markets fund, which promises to back wave of renewables, clean transport, and agriculture projects

James Murray
James Murray
clock 20 January 2026 • 3 min read