Energy Asset Concession

Ochsner Baptist

New Orleans, LA

Location

677,000

Square Feet

$32 Million

Project Cost

$775,000

Annual Energy Savings

Ochsner Baptist is Bernhard’s third Energy-as-a-Service transaction with the Ochsner Health System . Ochsner Health, the largest healthcare system in Louisiana, was the first healthcare entity in the United States to enter into an Energy Asset Concession agreement when they did so at their flagship campus, Ochsner Jefferson, in 2017.

The $32 million project at Ochsner Baptist is designed to primarily address necessary electrical infrastructure upgrade on the campus to improve reliability and redundancy of building systems. Additional upgrades to mechanical equipment and system optimization through retro-commissioning will generate an estimated utility savings of $775,000 per year for the hospital.