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CORDIS

Developing and transferring an innovative Energy FInancing miX in order to activate private sector finance for increased investments in sustainable energy projects

Objective

In the target countries of the E-FIX project of Central and South Eastern Europe and the assoc. countries AM and GE, there is considerable idle potential for EE and REN products and services. Both potential energy project developers and financers face barriers regarding the accurate assessment of energy project feasibility and achieving investment security. An innovative Energy FInancing miX is needed in order to access new sources of finance and facilitate an increased implementation of sustainable energy projects. The E-FIX project will trigger private investments using a mix of inn. financing mechanisms, to be specific: credit lines for energy performance contracting, crowdfunding models and leasing models for EE and REN projects.

The overall objective of the E-FIX project is to prepare the European market – with a focus on countries of various EU enlargement rounds, as well as markets of countries, which have recently reached EU association status – for the intensified usage of innovative financing mechanisms in the energy sector in order to facilitate the increase of investments in energy projects and services.

The E-FIX project will initiate a comprehensive roll-out of inn. energy financing mechanisms in the 6 partner countries (PL, CZ, AT, HR, AM and GE). The 3-dimensional roll-out will cover capacity building, strategy development and piloting of model solutions. The E-FIX project will result in increased investments in sustainable energy projects in the partner countries as well as lay the groundwork for better-informed and equipped stakeholders. The trainings of these stakeholders will provide them with the capacity to act as E-FIX Ambassadors, multiplicators to promote and implement the E-FIX approach. On a larger scale, the E-FIX approach will be disseminated EU-wide, activating dormant private finance thereby contributing to the general growth of the EU markets of energy technology and services as one step into the direction of a low carbon economy.

Call for proposal

H2020-EE-2016-2017

See other projects for this call

Sub call

H2020-EE-2017-CSA-PPI

Coordinator

CONPLUSULTRA GMBH
Net EU contribution
€ 324 861,81
Address
LINZER STRASSE 55
3100 Sankt Polten
Austria

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Ostösterreich Niederösterreich Sankt Pölten
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost
€ 324 861,81

Participants (14)