30 May 2023 07:00
30 May 2023
IGas Energy plc (AIM: IGAS)
("IGas" or "the Company")
Preferred Bidder for Manchester University NHS Foundation Trust - Wythenshawe Hospital Geothermal Scheme
IGas is pleased to announce that, as part of the five tenders submitted through the Carbon and Energy Fund (CEF) Framework in late 2022, GT Energy, IGas' geothermal business, has been selected by Manchester University NHS Foundation Trust (the Trust) as preferred bidder to deliver a geothermal heat solution for the Wythenshawe Hospital.
An Innovation Partnership between GT Energy, the Trust and the CEF will be created to provide a framework for the parties to work together through the project development phases.
Further announcements will be made about the details and timeline of the project once the partnership has been formalised.
About the Carbon and Energy Fund
The Carbon and Energy Fund (CEF) has been specifically created to fund, facilitate and project manage complex energy infrastructure upgrades for the NHS and wider Public Sector.
With a proven track record of more than 60 projects and in-depth experience of procurement, engineering, legal and finance, the CEF is the organisation to successfully guides Public Sector clients through the complex processes involved.
For further information please contact:
IGas Energy plc Tel: +44 (0)20 7993 9899
Ann-marie Wilkinson, Chief Communications Officer
Investec Bank plc (NOMAD and Joint Corporate Broker) Tel: +44 (0)20 7597 5970
Virginia Bull/Chris Sim
Canaccord Genuity (Joint Corporate Broker) Tel: +44 (0)20 7523 8000
Henry Fitzgerald-O'Connor/James Asensio
Vigo Consulting Tel: +44 (0)20 7390 0230
Patrick d'Ancona/Finlay Thomson/Kendall Hill