What You Need to Know
Bernhard, one of America's largest privately-owned infrastructure firms, announced a groundbreaking 30-year Energy-as-a-Service (EaaS) partnership with HMH.
HMH is set to own the largest solar and battery energy storage system of any not-for-profit healthcare provider in the U.S., thanks to this pioneering collaboration. Nearly 98 percent of the project scope is solar and battery storage, including 50,000 solar panels manufactured in the USA.
The 30-year agreement encompasses $134 million in infrastructure improvements, a 10 percent reduction in carbon emissions, a 25 percent decrease in purchased electricity, and 33 percent guaranteed energy savings.
Bernhard, with more than 100 years of energy and infrastructure project experience, stands as the largest turnkey Energy-as-a-Service solutions provider in North America. The company combines development, financing, design, construction, and operations to offer comprehensive solutions that reduce energy use, risk, and cost for clients across various sectors, including healthcare, higher education, commercial, and specialty markets.
The 30-year partnership between Bernhard and Hackensack Meridian Health signifies a commitment to sustainable practices, operational efficiency, and the advancement of healthcare infrastructure. It showcases the potential of long-term collaborations in creating lasting positive impacts on both business operations and the environment.