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Financing scheme for Energy Efficiency and Renewable energy Guaranteed in Deep renovations of building stock

Objective

The National Fund “NFOSiGW” supported by KAPE and partners seek to replicate the financing scheme, systems and procedures developed for private and public sectors under the Latvian Baltic Energy Efficiency Facility’ “LABEEF”. The Fund will structure demand and execute the financing scheme of a pilot project through the existing online platform SHAREX. Partner organizations in Austria, Slovakia, Romania and Bulgaria will be replicating in their countries.

The public funding will work as a leverage for ESCO to take on new projects without the need to wait for the repayment of already implemented projects. Therefore, their funds could be reinvested faster. The standardisation of procedures, expert verification of archived savings and increased amount of investments will motivate the financial sector to support energy efficiency and environmental protection projects.

The standardisation and scaling up the number of investments in energy efficiency and environment protection will increase the trust of banks, increasing their involvement on the market.

The support from public funds will aim at already implemented, successful projects assuring the repayment of invested public money in a long-term, providing the leverage effect in increasing the number of projects carried out by ESCOs and making the public funds available in the future for reinvesting.

The stimulation of the ESCO market will help to utilise the potential for energy efficiency in the SME sector. The solution will work as a guarantee for energy savings and environmental effect which will be furtherly verified with the unified procedures implemented in the mechanism.
Types of buildings and infrastructure included in the project (might be different in different countries):
- multifamily private and municipal buildings,
- public buildings,
- individual residential buildings, housing communities, cooperatives.

Field of science

  • /social sciences/economics and business/business and management/commerce

Call for proposal

H2020-LC-SC3-EE-2018
See other projects for this call

Funding Scheme

CSA - Coordination and support action

Coordinator

KRAJOWA AGENCJA POSZANOWANIA ENERGII SPOLKA AKCYJNA
Address
Al. Jerozolimskie 65/79
00 697 Warszawa
Poland
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
EU contribution
€ 352 875

Participants (8)

NARODOWY FUNDUSZ OCHRONY SRODOWISKAI GOSPODARKI WODNEJ
Poland
EU contribution
€ 81 500
Address
Ul. Konstruktorska 3A
02 673 Warszawa
Activity type
Public bodies (excluding Research Organisations and Secondary or Higher Education Establishments)
EKU SAGLABASANAS UN ENERGOTAUPIBAS BIROJS
Latvia
EU contribution
€ 131 962,50
Address
Noliktavas Iela 3 2
1010 Riga
Activity type
Other
FUNDING FOR FUTURE BV
Netherlands
EU contribution
€ 116 762,50
Address
Stetweg 43 B
1901 JD Castricum
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
ECONOLER SA
Bulgaria
EU contribution
€ 271 296,25
Address
31, Petar Parchevich Str., Fl.1, Apt.1
1000 Sofia
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
OSTERREICHISCHE ENERGIEAGENTUR AUSTRIAN ENERGY AGENCY
Austria
EU contribution
€ 214 248,75
Address
Mariahilfer Strasse 136
1150 Wien
Activity type
Other
MATTIG MANAGEMENT PARTNERS SRO
Slovakia
EU contribution
€ 165 431,25
Address
Frantiskanske Namestie 7
811 01 Bratislava
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
MATTIG MANAGEMENT PARTNERS RO SRL
Romania
EU contribution
€ 165 431,25
Address
Bulevardul Alexandru Ioan Cuza Nr 32A Biroul 6, Etaj 3, Sectorul 1
011041 Bucuresti
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
STAGE AI LTD
Bulgaria
EU contribution
€ 154 831,25
Address
Tintyava Str. 15-17, Iztok
1113 Sofia
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)