All agreed loans

Finland. Helsingin ja Uudenmaan sairaanhoitopiirin kuntayhtymä

Date of loan: 31 Jan 2019
Country: Finland
Customer: Helsingin ja Uudenmaan sairaanhoitopiirin kuntayhtymä
Amount in EUR: EUR 147 million
Maturity: 25 years
NACE sector / loan type: Construction
Business area: Infrastructure, transportation and telecom

Project

The loan has been provided for the Hospital District of Helsinki and Uusimaa (HUS), to finance the new Bridge Hospital (Siltasairaala) project at the Meilahti campus in Helsinki.

The new Bridge Hospital will replace the  old trauma centre and other operations of Töölö Hospital and part of the Cancer Centre building, and it will be integrated into the existing operations at the Meilahti campus. The Bridge Hospital will be opened in the beginning of 2023, and together with other units of Meilahti, it will become the largest and most advanced medical campus in Finland.

HUS is a joint municipal authority, the biggest members of which are the cities of Helsinki, Espoo and Vantaa with a share of around 65%, responsible for specialised medical care services in Southern Finland.  It is the largest hospital district in Finland, serving 1.6 million inhabitants.

HUS is also the second largest employer in Finland, with a staff of around 24,000 people. The Bridge Hospital is the biggest construction project in the history of HUS.

Fulfilment of NIB's mandate

Productivity

The project combines two hospitals into one hospital, bringing substantial efficiency gains through centralisation, streamlining and renewing the treatment processes. With improved and modernised infrastructure, the new Bridge Hospital will bring more treatment capacity to the healthcare system of southern Finland where the demand for the services is significantly increasing, especially for cancer treatments.

Environmental summary:

The new hospital will not be certified under any environmental certification scheme and will not have significant energy efficiency gains.

Sustainability summary

The new Bridge Hospital, when up and running, will have a gross floor space of approximately 70,000 m2. The old hospital buildings, with an approximate gross floor space of 31,000 m2 will be converted for various other uses. The future use and energy consumption of the replaced facilities is not known yet, and is therefore assumed to remain at the current level.

The total thermal energy consumption of the new Bridge Hospital is estimated to be approximately 13,000 MWh/a, of which approximately 41% will be generated on site and 59% will be district heating and cooling. The total electricity consumption of the new hospital is estimated to be approximately 14,300 MWh/a. The associated increase in CO2 emissions is approximately 3,900 t/a. The project is not predicted to have any significant negative environmental or social impacts.

Press release

NIB lainoittaa Suomen suurinta sairaalahanketta

 

Press release

NIB beviljar lån till Finlands största sjukhusbygge i Helsingfors