When economic saving and environmental gains go hand in hand
The Municipality of Rebild approved the project proposal and provided the required guarantee for the loans taken out by the centre. This opened up for procuring financing from KommuneKredit.
”The municipality was very positive towards our idea and even helped us apply for a loan with KommuneKredit. This meant we achieved more effective financing with a lower rate of interest and lower borrowing costs”
Tina Sund Johannesen
Project manager and board member.
The sports centre will cut its energy bill by about DKK 65,000 annually. That is a large amount for a self-governing institution like Sortebakkehallerne. The project also provides positive environmental benefits as the transition to LED lighting is estimated to reduce annual energy consumption by more than 50% over a three-year period. At the beginning of December 2017, energy consumption stood at 52,700 kWh, against 111,200 kWh in 2015 prior to the board decision to make energy retrofits.
Construction period: 2016
Loan financing: DKK 521,280
Loan product: The project is financed on the basis of an interest-reset loan