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Fairmont Royal York Hotel Retrofits

Sector: Commercial • Location: Canada

Source: Canada Infrastructure Bank (CIB)

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We are investing $46.5 million toward deep energy retrofits at the Fairmont Royal York Hotel. The CIB’s financing will transform the hotel into a leader in sustainable accommodations.The partnership will help decarbonize the hotel, paving the way forward for future green retrofits within the hospitality sector.Benefits of CIB InvolvementInefficient energy consumption of buildings is a major source

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The project “Fairmont Royal York Hotel Retrofits” is an infrastructure initiative in the Commercial sector, located in Canada. Taiyo aggregates data on it from Canada Infrastructure Bank (CIB).

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Description

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We are investing $46.5 million toward deep energy retrofits at the Fairmont Royal York Hotel. The CIB’s financing will transform the hotel into a leader in sustainable accommodations.The partnership will help decarbonize the hotel, paving the way forward for future green retrofits within the hospitality sector.Benefits of CIB InvolvementInefficient energy consumption of buildings is a major source of greenhouse gas emissions. The CIB’s works with private sector real estate owners to modernize their infrastructure assets. The CIB’s upfront financing of the capital costs of building retrofits creates jobs, long-term energy savings and a low-carbon future.The CIB’s financing will move the decarbonization work forward.

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