Modern healthcare depends on reliable infrastructure, and energy systems are among the most critical components supporting patient care. Through a long-term Energy-As-Service partnership with ENFRA Solutions, Hartford HealthCare is advancing a long-term initiative designed to modernize energy infrastructure, improve efficiency, and strengthen resiliency across its network. CHEFA collaborated with Morgan Stanley to issue bond financing to support the improvements.
Improvements will occur throughout HHC’s facilities, including the renewal of the co-generation facility at Hartford Hospital. Proceeds will also provide upfront capital that can be directed toward critical infrastructure investments while helping HHC manage future energy-related needs.
The initiative is expected to deliver significant benefits beyond infrastructure improvements. ENFRA guarantees annual utility cost savings of approximately $11.5 million annually, with projected savings exceeding $300 million over the life of the agreement. The project is also expected to reduce purchased energy consumption and lower carbon emissions, supporting Hartford HealthCare’s broader sustainability goals.
By transferring certain operations and maintenance responsibilities to ENFRA, the partnership is designed to reduce operational risk while ensuring energy assets are maintained and upgraded over the long term.
As healthcare systems face growing demands and aging infrastructure, projects like this highlight the important role CHEFA financing plays in helping Connecticut nonprofits strengthen operations, improve efficiency, and build for the future.