NBB supports King Hamad American Mission Hospital with solar panel financing

  • Date: 20-Oct-2021
  • Source: Bizbahrain
  • Sector:Oil & Gas
  • Country:Bahrain
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NBB supports King Hamad American Mission Hospital with solar panel financing

The National Bank of Bahrain (NBB) has extended its support to the new King Hamad American Mission Hospital (AMH) to finance the construction of the hospital which includes installation of solar panels. Set to open in 2022, the hospital will be the first eco-friendly hospitals in the Kingdom covering up to 50% of its electricity requirements from photovoltaic energy. This latest initiative is in line with NBB’s commitment to support local commercial entities and small to medium enterprises alongside financing many sectors within the Kingdom, particularly the healthcare sector. The Bank also seeks to promote the use of renewable energy sources in Bahrain by providing the necessary financing to major projects, as solar panels become more widespread across various hospitals and healthcare centres globally. The King Hamad American Mission Hospital, located in A’Ali, is made up of 57,000 sq/m. It will include a maternity and children’s block, a multi-specialty block with an Intensive Care Unit, a diagnostics centre, a fertility centre, a 300-seat auditorium and a special needs children’s development, assessment and treatment centre. The hospital will be the first private hospital in the Kingdom to have a renewable energy source. The solar panels will be fully equipped with a