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Energy Efficiency Investments in multifamily houses

Objective

HousEEnvest aims to demonstrate the viability of the financing scheme, defined for the full energy renovation of multifamily houses in Extremadura, which will count on a combination of innovative tools for standardization, pooling, bundling and de-risking. This investment financing scheme focuses on a regional market with investment higher than 35 M€.

HousEEnvest is the result of 2 years of work between key institutions of Extremadura region from the energy, economic and building sectors, combined with international resources coming from IEB and EU cooperation programmes, which have allowed designing one financing scheme made to measure of Extremadura building renovation necessities.
HousEEnvest will have results in Energy renovation of multifamily building, and introduce EU added value through the combination of several proved innovations, which are applied and customized for the multifamily buildings with central heating. Will develop a Innovative financing scheme, implementing a Guarantees Fund created with public ESIF, moving from non-reimbursable grants into FI, and it is leveraged with EFSI and finally with private contribution (biggest part).

HousEEnvest aims to be a showcase in the unlocking of investment through pooling, when supported by a proper Fund scheme, which can be applied and replicated in other geographies and even other sectors.

Keywords

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Programme(s)

Multi-annual funding programmes that define the EU’s priorities for research and innovation.

Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

CSA - Coordination and support action

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) H2020-EE-2016-2017

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Coordinator

CONSORCIO AGENCIA EXTREMENA DE LA ENERGIA
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 631 305,00
Address
AVDA. ANTONIO MASA CAMPOS 26 RESIDENCIA UNIVERSITARIA HERNAN CORTES
06011 Badajoz
Spain

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Region
Centro (ES) Extremadura Badajoz
Activity type
Public bodies (excluding Research Organisations and Secondary or Higher Education Establishments)
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Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 631 305,00

Participants (8)

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