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HONEYWELL TO EXPAND POWER PLANT AT NEVILL HALLHOSPITAL AS PART OF LONG-TERM CONTRACT THAT HASGENERATED ÔøΩ5.16 MILLION SAVINGS TO DATE

LONDON, 21 February, 2014 Honeywell (NYSE: HON) announced today that 13 years into a 25-year energy performance contract (EPC) with Nevill Hall Hospital in Abergavenny it will further expand the hospital's combined heat and power (CHP) plant. This will increase the plant's energy generating capacity by a third and boost overall energy savings from the CHP by 35%, based on current gas and electrical tariffs.
Under the performance contract, energy efficiency upgrades installed by Honeywell Building Solutions have helped the hospital to reduce its energy and operational costs by almost $5.16 million since the contract began. In 2013 the program has saved the hospital $517,000 and reduced its carbon footprint by 1,261 tonnes. The expansion of the hospital's power plant will be funded with the energy savings.
Providing a full range of acute surgical and medical services, Nevill Hall hospital is managed by the Aneurin Bevan University Health Board (ABUHB), which awarded the EPC. Over the duration of the contract, Honeywell's energy strategy has constantly evolved in alignment with ABUHB's requirements and the demands placed on the hospital's services.
Over the duration of the EPC, Honeywell has implemented a programme of energy saving initiatives, including the installation of the multiple turbine-based combined heat and power (CHP) tri-generation system, full lighting retrofit, complete building management system upgrade and the installation of motor inverter controls to reduce electrical loads. The long-term partnership also includes a comprehensive service and maintenance programme over the life of the contract.
The challenges of all the project installations have been overcome by thorough planning and careful coordination to ensure continuity of critical supplies at all times. In clinical areas, Honeywell schedules work to minimise disruption and adopts procedures to minimise infection risk while maintaining 100% availability of all essential services.
Honeywell District General Manager Paul Botsford said: "We continue to build on our partnership with ABUHB by investing heavily in energy efficient building solutions, which ensure that the hospitals stay at the forefront of modern technology. These ongoing improvements are funded by the savings they generate, which allows ABUHB to reap the benefits without the financial outlay.".
Dave Jones, Head of Works and Estates for ABUHB added: "We have trusted Honeywell to deliver a reliable building management system that enables continuity of our services to patients and staff. The new technology also aligns to our constant drive for long term energy saving initiatives, which have incurred significant cost savings across our hospitals."
As a result of the effectiveness of the EPC at Nevill Hall Hospital, Honeywell was chosen as the preferred partner for the controls installation work at the new build Ysbyty Ystrad Fawr in Hengoed..
Honeywell ( www.honeywell.com) is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; turbochargers; and performance materials. Based in Morris Township, N.J., Honeywell's shares are traded on the New York, London, and Chicago Stock Exchanges. For more news and information on Honeywell, please visit www.honeywellnow.com.
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