The project envisages energy renovation of about 203 thousand m2 of public buildings. The investments will reduce electricity consumption by about 20% and heat consumption by up to 55%, and annually almost one million citizens will be able to use medical services in improved conditions.
“The energy renovation and modernization of hospitals will improve conditions for patients and medical staff, reduce energy consumption and maintenance costs, and have a positive impact on the environment by reducing greenhouse gas emissions,” said Energy Minister Dorin Jungietu. At the same time, the project will contribute to the creation of more than 3,500 jobs in the construction sector.
The grant agreement provides €10 million in non-refundable cash and complements a €30 million financing agreement with the European Investment Bank (EIB), a €30 million loan from the European Bank for Reconstruction and Development (EBRD), and an initial €12.4 million grant agreement with the EIB.
The total cost of the project is estimated at almost €87 million and its implementation period will be six years.
