WINSTON-SALEM, N.C. – Building on robust environmental sustainability initiatives, Novant Health has entered into a 30-year Energy-as-a-Service (EaaS) partnership with ENFRA. The $855-million transaction closed June 3 and allows Novant Health to reinvest the funds in essential energy infrastructure modernization projects across the health system, including HVAC, electrical, and mechanical upgrades while advancing long-term sustainability efforts. ENFRA, formerly Bernhard, is one of the largest privately owned energy infrastructure firms in the nation and has provided innovative, client-focused energy infrastructure solutions for more than 100 years.
“ENFRA is a trusted leader in delivering EaaS solutions, and we’re proud to partner with them to reimagine critical energy-efficiency upgrades across Novant Health,” said Alice Pope, executive vice president and chief financial officer, Novant Health. “Not only will we realize energy cost savings, we anticipate achieving significant energy reliability, resiliency and sustainability, all of which support our ability to reinvest in what matters most – patient care. These savings create opportunities to upgrade technology, increase patient access and strengthen our services, reinforcing our commitment to finding innovative solutions to ensure our communities thrive for generations to come.”
This agreement allows Novant Health to unlock value from its energy infrastructure while reducing utility costs through energy-efficient infrastructure upgrades. ENFRA will guarantee a reduction in Novant Health’s energy and utility consumption for up to 30 years.
“Collaborating with Novant Health on this groundbreaking Energy-as-a-Service (EaaS) initiative is an exciting milestone for our team," said Rob Guthrie, chief executive officer of ENFRA. "ENFRA is on a mission to empower U.S. healthcare by offering and scaling our EaaS model as a compelling alternative to business-as-usual energy infrastructure practices. To partner with a system as large and innovative as Novant Health is a huge step forward in our mission. We could not be more thrilled to welcome them into our market-leading EaaS portfolio.”
About ENFRA
ENFRA is a national energy infrastructure and Energy-as-a-Service (EaaS) firm headquartered in New Orleans, Louisiana. Founded in 1919 as Bernhard, ENFRA provides vertically integrated solutions in engineering, construction, maintenance, asset management and EaaS for healthcare, higher education and other market segments. With over 25 offices nationwide and over 2,400 employees, ENFRA empowers clients to achieve measurable energy savings, reduce emissions, and build resilient infrastructure for the future.
About Novant Health
Novant Health is an integrated network of nearly 900 locations, including 19 hospitals, more than 750 physician clinics and urgent care centers, outpatient facilities, and imaging and pharmacy services. This network supports a seamless and personalized healthcare experience for communities in North Carolina and South Carolina. Novant Health is nationally recognized for our unwavering commitment to safety and the highest quality care, and we serve as a catalyst for healthcare transformation through clinical trials, leading-edge research, innovative care delivery models and robust virtual care networks. The expertise and empathy of our more than 41,000 team members along with more than 8,600 independent and employed clinicians are at the heart of Our Cause as industry leaders caring for communities across the Carolinas. In 2024, Novant Health provided more than $1.6 billion in community benefit, including financial assistance and services.
For more information, visit NovantHealth.org. Follow Novant Health on Facebook, Instagram, X and LinkedIn.
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